Description
⋅ We have a triangle pattern on 4hr time frame in development
There are a two possible scenarios: bullish and bearish.
My favourite view is we will have a move to upside as there is a monthly trendline I have marked as magneta color.
Wait for breakout first and enter trade with target as on chart.
Structure might change still as triangles develope long time often.
I will post update.
Comment
⋅ Comment
⋅ Structure has change slightly.
Comment
⋅ Pattern still valid
Trade closed: target reached
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