Symmetric Triangle in American Airlines
American Airlines is an American airline. It operates flights on an extensive network of national and international routes.
Temporality of the chart: 4 hours
- This type of pattern is of the non-directional type. That is, there are two possible operations:
- If the triangle is broken upwards, is expected a long position at $29.5 per share with Take Profit around $36.5 and a Stop Loss at $26.5 per share.
- If the price breaks down, is expected a short position at$27 per share with Take Profit at $20 and a Stop Loss at $30 per share.
- The risk-reward ratio in the long and short positions is approximately the same in 2.33
Temporality of the chart: 4 hours
- This type of pattern is of the non-directional type. That is, there are two possible operations:
- If the triangle is broken upwards, is expected a long position at $29.5 per share with Take Profit around $36.5 and a Stop Loss at $26.5 per share.
- If the price breaks down, is expected a short position at$27 per share with Take Profit at $20 and a Stop Loss at $30 per share.
- The risk-reward ratio in the long and short positions is approximately the same in 2.33
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.