ALGO on verge of a positive breakout?
Ascending triangle generally is a sign for a positive breakout. But in rare case can go down.
I would wait until I see a positive breakout before taking a long position.
RSI shows a steady increase which shows bulls in play.
MACD is near zero; Watch out for this to be positive.
Happy trading.
Cheers
I would wait until I see a positive breakout before taking a long position.
RSI shows a steady increase which shows bulls in play.
MACD is near zero; Watch out for this to be positive.
Happy trading.
Cheers
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.