Nearing the end of the pattern, watching carefully to see which way it breaks... need to see a sustained break in either direction before entering a trade
Note
Breakout to the downside of the triangle pattern, with negative MACD reading and 20 EMA crossing 50EMA to the downside on the 1 hour timeframe, this is a short term sell signal for me and if we break through the 2.90 support level then TLS looks poised to retest lows of $2.60 in my opinion.
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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.