Both sides possibility
Wait for Breakout and confirmation
In 4 hourly chart, H&S formation is also there, the yellow line acts as neckline
There is decreasing ATR in the triangle
Breakout should be accompanied with good volume, higher ATR and candle body should properly break through
Immediate support and resistance lines are marked as horizontal white lines
Wait for Breakout and confirmation
In 4 hourly chart, H&S formation is also there, the yellow line acts as neckline
There is decreasing ATR in the triangle
Breakout should be accompanied with good volume, higher ATR and candle body should properly break through
Immediate support and resistance lines are marked as horizontal white lines
Note
Short side breakout , probability, will go towards 179.5tgt 179.5 , sl 186.1
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.