We are closing in at top of the Daily consolidation triangle
We have a confluence of a 1618 Deep Crab completing 30 pips above monthly support, and at DAILY TL.
If we can break Monthly support we can easily hit the mark.
We will eventually break out of this triangle but while we are in it we can look for opportunity as it presents to us.
Failure here and another buy opp would most definitely come.
We have a confluence of a 1618 Deep Crab completing 30 pips above monthly support, and at DAILY TL.
If we can break Monthly support we can easily hit the mark.
We will eventually break out of this triangle but while we are in it we can look for opportunity as it presents to us.
Failure here and another buy opp would most definitely come.
Note
DAILY consolidation highNote
Short term - Target 1 and B point of pattern hit, take some profit here if not already.Long term, holding for larger spanned targets
Note
I dont have time to update all trades, so just this one for today.TP2 for short term pattern complete
LT trade remains open
Trade closed: target reached
Short term - reached to TP2long term short remains open
Trade closed: target reached
1st target of longer spanned target hit
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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.