Im not sure if I am going to call this a Triangle or a Wedge Pattern. Regardless, The price action is bullish . The price is currently at wave 5 and could potentially break out any day now. The trade plan is set and should be followed religiously incase the price goes against the idea.
1st: Entry at the green line if lucky. or/and if the price doesn't pick up my order 2nd Entry: At the resistance test (top solid black line).
Stop Loss: Below the support of the Triangle pattern .
Exit: 1/2 of position at the resistance pivot 1 created.
Comments
DangDao
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Do you think that it will increase later
TheGlitch
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@DangDao, Not sure. As of now, I'm waiting for the chart to paint a new intraday pattern before I make my decision. I'll keep you posted.