TTC - D1 - TRIANGLE BREAKOUT - YES OR NO ?
Updated
D1 : Yesterday^s closing below both TS and MBB with an intraday low @ 33400, close to my technical target of 33250 mentioned yesterday morning in my previous post.
On going price action is showing a POTENTIAL downside triangle breakout which should be confirmed on closing basis this evening.
A closing outside of the triangle would be the first signal of a trend reversal, calling for lower levels.
(pls see H4 update after 9am, Swiss time) :-)
May your long goes up and your short goes down.
Have a great trading day
All the best
On going price action is showing a POTENTIAL downside triangle breakout which should be confirmed on closing basis this evening.
A closing outside of the triangle would be the first signal of a trend reversal, calling for lower levels.
(pls see H4 update after 9am, Swiss time) :-)
May your long goes up and your short goes down.
Have a great trading day
All the best
Note
And a closing below KS would add support to the expected bearish scenario !
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