PRICE TRYING FOR TRIANGLE BREAK AND PULLBACK.
IF PRICE WILL BE ABLE TO DO THIS THEN I WILL EXPECT THAT PRICE WILL RISE LIKE ON THE CHART (1ST RISE = BASE OF TRIANGLE).
I PREFER TO FOLLOW CHART AND OPEN LONG ORDER ACCORDING THESE TIPS.
IF PRICE WILL BE ABLE TO DO THIS THEN I WILL EXPECT THAT PRICE WILL RISE LIKE ON THE CHART (1ST RISE = BASE OF TRIANGLE).
I PREFER TO FOLLOW CHART AND OPEN LONG ORDER ACCORDING THESE TIPS.
Order cancelled
we do not see triangle breakout from top and pullback to support line, SO we don't let to open long order as you see.If price will be able to break its resistance line and pullback to it we will expect that price going to touch last price and then resistance.
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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.