Short
Immanent breakout of symmetric triangle.
A break of either boundaries of this symmetric triangle will signal bullish or bearish action. Stop loss at $1.70 is recommended.
We ended the day very close to the upper boundary. It is more likely that the trend will break the upper boundary than it would the lower one.
We ended the day very close to the upper boundary. It is more likely that the trend will break the upper boundary than it would the lower one.
Note
Looks like we definitely broke out of the triangle. Good luck everyone!
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