COMP triangle breakout
Updated
Compound seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 481 and even higher.
Like👍, follow✒️, enjoy📺!
- ENTRY: local high @ 445
- SL: local low @ 432
- TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 481
- RRR: 2.7
- INVALIDATION: when SL level hit
Like👍, follow✒️, enjoy📺!
Note
Guys I have a favour to ask you: if you like my content, please smash the like button and follow me (if you haven't yet). Publishing all the analyses takes quite a lot of time, and I think it's really high quality stuff, so if I will not see enough interest, I may not post so often. Thank you!🙏Trade active
order filled ✔️Trade closed: target reached
TP hit. It just sturggled in the beginning, then straight up. 🎯 Exactly zero indicators have been used. Pure price action and geometry.
Related publications
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.