TradingView
anshuman_05
Jun 6, 2023 9:41 AM

Zinc now forming a symmetrical triangle after a downtrend 

Zinc / US DollarEightcap

Description

looks like that zinc is forming a symmetrical triangle when pegged to the dollar, after a long downtrend there is a strong possibility that the commodity now breaks out on the upside.

Trade active

the commodity has broken out of the consolidation pattern and is now in an uptrend on the hourly timeframes, continue to hold with trailing stop loss from a technical view. Disclaimer - NOT INVESTMENT ADVICE

Trade closed: target reached

More