I don’t trade triangles, but I don’t ignore them either. A breakout to the upside is possible, but as long as price stays below a key resistance level, my primary bias remains short. Even if price breaks higher, I’ll stay cautious and operate on the 1H timeframe as usual. GJ is known for sharp drops. I expect a clear move within the next two weeks. On Monday, I’ll have a better view on my entry and exit for the week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.