Ascending triangle is formed on 30M.
Expecting price to reach TP at around 56150 USD.
Expecting price to reach TP at around 56150 USD.
Comment:
Watch 5M-15M for a breakout, followed by a bounce off from the breaking line. This will be a confirmation for a price action. Although this an ascending triangle, indicators on 15-30M do not support price rise at this moment in time, so it is possible that the price could go down.
Comment:
I have updated new triangle borders with a dark blue colour:
Awaiting for a breakout in either direction!
Awaiting for a breakout in either direction!
Trade closed: target reached