The is major support level that has failed to be broken. Price has been rejected with a long wick, a nice indicator to go long. But at the same time a triangle pattern is forming up.
Setting up the 1st TP on the down trendline and if it breakthrough 2nd TP will be at the next known resistance level.
Like and follow guys!
Setting up the 1st TP on the down trendline and if it breakthrough 2nd TP will be at the next known resistance level.
Like and follow guys!
Trade closed: target reached
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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.