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jasperlawler
Jul 6, 2020 7:58 AM

Shanghai Composite - BIG Breakout in China Stocks ! Long

SSE Composite IndexSSE

Description

Shares are breaking out to the topside of a long term triangle pattern
Long term bottom established at 2650 support
Comments
PaulElias
that's effectively
jasperlawler
@PaulElias, Effectively what? :)
KaosRex
Sorry. I just see an hope triangle. Not good not bad. Just going to saunter between 3500 to 2500 thru mid 2021.
jasperlawler
@KaosRex, Perfectly possible yes - i would look at the triangle break as a less certain entry with better R:R than waiting for a break of 3500 when the top of the range not too clearly defined.
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