Current Pattern - Ascending Triangle
Higher lows, equal highs (daily close), volume tapering; indicating building strength.
What to wait on?
Safest route would be to enter on a retest after the break. Depending on the volume of the break, the first pull back is expected to be at the last broken resistance, however if there is a huge volume break, that first pull back may be way up the chart.
Higher lows, equal highs (daily close), volume tapering; indicating building strength.
What to wait on?
Safest route would be to enter on a retest after the break. Depending on the volume of the break, the first pull back is expected to be at the last broken resistance, however if there is a huge volume break, that first pull back may be way up the chart.
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.
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.