We see a nice Triangle forming, and heading onto a possible breakout.
As we are in a longterm down trend, the breakout will possibly be to the downside. Still I advise us all to wait for the breakout and then even for a retracement if you are conservative.
As usual, I wish you all the best
As we are in a longterm down trend, the breakout will possibly be to the downside. Still I advise us all to wait for the breakout and then even for a retracement if you are conservative.
As usual, I wish you all the best
Note
Well, we didnt see our breakout. this one is dead for now.Good luck and good profits for your other positions then ;-)
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Free Trading Education:
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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.