Price breakout triangle and came back inside the triangle and it formed hammer like candle now (Weekly Timeframe). We should consider entering a trade only if a strong green candle forms in the next session. On the daily timeframe, it appears to be forming a morning star-like structure.
Subscribe our Youtube and Telegram channel (Breakout_Spotter) now using the link below to get recommendations for Intraday, breakout and swing trading! t.me/+Jrf3zWm9cM1mODI1
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.
Subscribe our Youtube and Telegram channel (Breakout_Spotter) now using the link below to get recommendations for Intraday, breakout and swing trading! t.me/+Jrf3zWm9cM1mODI1
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.