Bullish: trending up(strongly and good fundies for it), this type of triangle usually breaks to the upside, bottom of the range of a upwards channel.
Bearish: Daily MACD looks to be rolling over so a push down to correct the current bullish state might happen soon.
all in all, this trade has a good R:R... if i get stopped out and the trade continues in anticipated direction i may re-enter.
Bearish: Daily MACD looks to be rolling over so a push down to correct the current bullish state might happen soon.
all in all, this trade has a good R:R... if i get stopped out and the trade continues in anticipated direction i may re-enter.
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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.