We've broke upwards and out of the narrowing triangle which has been forming since 1st September 2018. (Purple Line)
We're currently seeing a retest of the downtrend line(Purple)
Together with a possible support (previously resistance), as denoted by the yellow line.
This will be a relatively strong signal if we bounce from this level. Long entries from this level with a tight stop around/below the green local uptrend line.
luckscout.com/symmetrical-ascending-and-descending-triangle-chart-patterns/
We're currently seeing a retest of the downtrend line(Purple)
Together with a possible support (previously resistance), as denoted by the yellow line.
This will be a relatively strong signal if we bounce from this level. Long entries from this level with a tight stop around/below the green local uptrend line.
luckscout.com/symmetrical-ascending-and-descending-triangle-chart-patterns/
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.