1 hour chart: We can draw a symmetrical triangle, this triangle occurred after a bull move, this is mostly consolidation before continuing the uptrend. We are currently at resistance and need to wait for a clear break above the trendline. It is also possible that we fall back down at support of the triangle but the price range is getting tight.
Trade closed: stop reached
1 % short on first target but still +7% up !
CHECK IT OUT 😎
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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Disclaimer
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.