Bollinger signals says, it may lose value more if the candle stay below the line. The candle on the edge of up trend-line and one of the candle already break out the up trend-line. We can see symmetrical triangle over there but I can highly recommend for not trade at the moment. Wait for clear time then start your trade. Also our risk/reward ratio above 2.40 as well. Need to be really careful. If it lose value, it may go down till our support line.
“NFA”
“NFA”
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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.