Currently the price range of the symmetrical triangle is getting tighter. We will brake bullish or bearish but the stochastic indicator shows a oversold condition on the 4 hour chart so i think we will bounce from the lower trendline in the triangle and see the price rise.
The best entry would be after a closed candle above the resistance line in the triangle.
This chart is for educational purpose so i can learn more about TA.
The best entry would be after a closed candle above the resistance line in the triangle.
This chart is for educational purpose so i can learn more about TA.
CHECK IT OUT 😎
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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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.