If triangle is broken and confirmed above, the target would create a new Higher High
If it breaks below, the target would be exactly at the bottom (neckline) of the right shoulder (SHS pattern on 4H chart)
If it breaks below, the target would be exactly at the bottom (neckline) of the right shoulder (SHS pattern on 4H chart)
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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.