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AndriyMoraru

Symmetrical Triangle on Palladium @ H4

Long
CFDs on Palladium (US$ / OZ) (TVC:PALLADIUM)  
AndriyMoraru Updated   
TVC:PALLADIUM   CFDs on Palladium (US$ / OZ)
Triangle breakout Symmetrical Triangle
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triangle breakout symmetricaltriangle
A symmetrical triangle has formed on the H4 chart of Palladium. It offers a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
Comment:
Trade setup cancelled due to an opposite side breakout.
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