Follow the highlights listed on the chart
This is a Bank Holiday weekend
Volume & Volatility are dropping
Candle bar size is shrinking reducing ATR
All of this is causing price to consolidate
Price created a continuation triangle chart pattern which has a bullish bias
Price failed to make a bullish breakout close
Wait for a candle close on a triangle trendline breakout either direction
Watch volume to confirm momentum
This is a Bank Holiday weekend
Volume & Volatility are dropping
Candle bar size is shrinking reducing ATR
All of this is causing price to consolidate
Price created a continuation triangle chart pattern which has a bullish bias
Price failed to make a bullish breakout close
Wait for a candle close on a triangle trendline breakout either direction
Watch volume to confirm momentum
Comment:
Looks like Bullish Continuation breakout trade
Comment:
Watch retracement for entry or re-entry
Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview
Our free Telegram channel: t.me/TradingStrategyGuides
Our free Telegram channel: t.me/TradingStrategyGuides