After the breakout from the triangle it's usual that the market will come back to visit the middle of it again.
In our case it's around 446.
Depending if go to this level in 5 waves or in 3, we could probably decide the further movement
In our case it's around 446.
Depending if go to this level in 5 waves or in 3, we could probably decide the further movement
Note
Market did shortly visit the mentiond level. But that was really too short. Not really a tradebale idea was it.
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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.