Dogii

A symmetrical triangle in the ETF of LQD

AMEX:LQD   iShares iBoxx $ Investment Grade Corporate Bond ETF
We can observe a symmetrical triangle.
Depending on where the triangle breaks we will open a short or a long one, in this case the two operations are left on and as soon as one is activated we cancel the other, the profit taking we put it with the projection that gives us the triangle and we also put the stop loss.
Remember that it is possible to play a certain short or long symmetrical triangle from where it breaks.
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