I intend on setting stop-losses along the triangle's support line and sliding them up as long as the price does not break the line.
Apologies. I mentioned this was an ascending triangle. It's a rising wedge, which indicates a reversal. As assumed, we broke the wedge to downside. Also have closed below the 55 EMA, a strong sign we will continue downwards for the time being.
Consider setting stop loss at 1405 and riding this one down.
RSI has bounced off support three times in a row. This may be the end of this short-lived dip.
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