hello traders,
ZRXUSDT forming a descending triangle pattern. Even though normally it's a bearish pattern, in a bull market it can break to the upside as well and act as a continuation pattern.
If we get a successful breakout of the downsloping resistance, the long position can be taken.
Take profit levels and the target. are shown on the chart.
If the triangle breaks to the downside, this trading idea will be invalidated.
Good luck
ZRXUSDT forming a descending triangle pattern. Even though normally it's a bearish pattern, in a bull market it can break to the upside as well and act as a continuation pattern.
If we get a successful breakout of the downsloping resistance, the long position can be taken.
Take profit levels and the target. are shown on the chart.
If the triangle breaks to the downside, this trading idea will be invalidated.
Good luck
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💥 Free signals and ideas ➡ t.me/vfinvestment
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.