SINGER | Wave Projection | Major 4-Wave Triangle - MACD GoldenX
Updated
The price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
Trade closed: stop reached
The triangle didn't happen - the price now approaching the reversal 0.786 retracement zone with an uptrend possible liquidity zone line support - wait for wave C resistance or speedline breakout confirmation: 
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