Currently, market range in a triangle and the price located at the lowest side of the range.
1) continue to range in the triangle which the price will go up in the current situation.
2) Break out triangle and drop, or break out triangle , retest to the triangle before drop
1) continue to range in the triangle which the price will go up in the current situation.
2) Break out triangle and drop, or break out triangle , retest to the triangle before drop
Note
Reach top side triangle, 50 pip achieved. Stop loss to break even.
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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.