FX:US30   Index of top 30 shares on Wall Street
97 5 6
We have a triangle pattern in development on hourly timeframe.

Bullish and bearish scenarios are possible.

I am in favour of up move as trend continuation.

It woulld be a good idea to enter trade after breakout of triangle with target and SL as on chart.
Comment:
snapshot
Comment: Still no clear direction.
Comment: Structure still valid
Trade closed: target reached
Comment: Just run target.

120 pips
It still looks unresolved! Looks like it will resolve in either direction on Monday next week.
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@giankee,

Agree.
Reply
Your analysis was super accurate! Great chart!
Reply

Thanks
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