Horizontal trading channel. Basically ranging between upper resistance trendline and lower trendline of support.
You can subtract the upper trendline from the bottom trendline, then divide by 2 to get mid rectangle MR. This level can serve as a stop either way you go with this, up or down
No recommendation
5 touches so far/targets from an upper trendline break out listed above triangle and a break down targets listed below rectangle.
You can subtract the upper trendline from the bottom trendline, then divide by 2 to get mid rectangle MR. This level can serve as a stop either way you go with this, up or down
No recommendation
5 touches so far/targets from an upper trendline break out listed above triangle and a break down targets listed below rectangle.
Note
Long Targets are above rectangle not triangle (o:
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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.