Another triangle pattern is forming (red) from the original triangle (green). Possible breakdown to CME gap before retesting the mouth of the new triangle then breakout to new highs.
Note
this model is still valid, we might still go down to the CME gap in a few weeks. Trade cautiously because the market is still indecisive
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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.
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.