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we completed one target on previous downward wave. now price formed two triangles ascending and symmetrical. at current an ascending triangle is workng, which means we can take a long position, if price makes a breakout or the resistance we can continue to long it.
but if price made a breakout of the support trendline we will get the symmetrical triangle breakout, which means we can take a short position
Please follow the Trading View profile to support my work
Do not trade this idea before you make your own analysis!
we completed one target on previous downward wave. now price formed two triangles ascending and symmetrical. at current an ascending triangle is workng, which means we can take a long position, if price makes a breakout or the resistance we can continue to long it.
but if price made a breakout of the support trendline we will get the symmetrical triangle breakout, which means we can take a short position
Please follow the Trading View profile to support my work
Do not trade this idea before you make your own analysis!