MSFT has been forming this ascending triangle pattern since early August, with a series of higher-low's and a relative flat line of resistance around 139.50 or so. Measured move of the break-out would put the price at around 147.50.
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
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-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us/?ref=350006...
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Here's a bit of a cleaner view:
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So far so good:
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Turned into a fake-out. Still put in a higher-low, so pattern isn't invalidated yet:
Trade closed manually:
Setup has now been invalidated.