Price is in an ascending triangle chart pattern
There were 4 failed Bullish breakout attempts of the triangle top
Price is falling to triangle bottom trendline
1H Short trade
Sell Stop @ 76.20
Sell TP at bottom triangle trendline
There will be a decision point at the bottom triangle trendline
Long trade
Price will rise up to the top triangle trendline
Bullish breakout of top trendline
Enter on a 15m break-hook-go chart pattern
1st Buy TP @ 77.42
2nd Buy TP @ 78.17
3rd Buy TP @ 78.68
Short trade
Price will have a Bearish breakout of the bottom triangle trendline
Enter on a 15m break-hook-go chart pattern
1st Sell TP @ 73.53
2nd Sell TP @ 72.04
Find your SL
There were 4 failed Bullish breakout attempts of the triangle top
Price is falling to triangle bottom trendline
1H Short trade
Sell Stop @ 76.20
Sell TP at bottom triangle trendline
There will be a decision point at the bottom triangle trendline
Long trade
Price will rise up to the top triangle trendline
Bullish breakout of top trendline
Enter on a 15m break-hook-go chart pattern
1st Buy TP @ 77.42
2nd Buy TP @ 78.17
3rd Buy TP @ 78.68
Short trade
Price will have a Bearish breakout of the bottom triangle trendline
Enter on a 15m break-hook-go chart pattern
1st Sell TP @ 73.53
2nd Sell TP @ 72.04
Find your SL
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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.
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.