Price consolidated, forming a symmetrical triangle pattern. Price eventually broke to the upside, and we would be taking a long position. RR is 1/2. Stop loss is tightened and place just below the recent swing low and Take profit placed at the recent swing high.
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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.