CRO has formed a triangle and is trading within this area. It looks poised to break out in any direction soon.
Breaks upwards: if it breaks above, the recent high would be a good place to take profit.
Breaks downwards: if it breaks below, the next area of support would be a good place to take profit.
Do wait for a close above/below the pattern for additional confirmation, preferably a close on the daily chart.
Breaks upwards: if it breaks above, the recent high would be a good place to take profit.
Breaks downwards: if it breaks below, the next area of support would be a good place to take profit.
Do wait for a close above/below the pattern for additional confirmation, preferably a close on the daily chart.
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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.
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.