The current consolidation is getting tighter and tighter. It's frustrating if you are trying to trade it.
However it reveals some good risk/reward trades once we break out of it.
Go long once we break above triangle upper line and horizontal resistance. Targets in green.
Go short once we break bellow triangle bottom line and the horizontal support. Targets in red.
The breakout should be on a 4h closing basis.
Good Luck!!!
However it reveals some good risk/reward trades once we break out of it.
Go long once we break above triangle upper line and horizontal resistance. Targets in green.
Go short once we break bellow triangle bottom line and the horizontal support. Targets in red.
The breakout should be on a 4h closing basis.
Good Luck!!!