Price is geting near the apex of the triangle. Soon we will know which way to go.If price breaks the upper side of the triangle, a long position is possible with a stoploss inside the triangle.
If price goes down and crosses the lower side of the triangle, then a short position is possible with a stoploss inside the triangle.
We need to be patient.
If price goes down and crosses the lower side of the triangle, then a short position is possible with a stoploss inside the triangle.
We need to be patient.
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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.