The price has moved out of the triangle pattern, provided that the price range of $7.34 is maintained, there is a high possibility of forming an upward trend up to the specified range.
Trade closed: stop reached
Our loss limit is activated!):
But don't forget that there is a possibility of forming a trend similar to the second scenario from the price range of $7,097. But according to the movement momentum, this possibility is very weak!
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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.