themoneypenny

Trading SYMMETRICAL TRIANGLE, PHALA

Long
themoneypenny Updated   
KUCOIN:PHAUSDT   Phala / Tether
Symmetrical triangle is a continuation pattern which if formed in uptrend or downtrend shows continuation of the trend.
Gave a breakout and now it is in retest zone. ACCUMULATE only if it sustains or closes over the respective zone or wait for a green confirmation candle. Happy investing!
Trade closed: target reached: Target of 63% achieved in one month on 16th Sept
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