waiting for triangle breakout

"we can see that neither the buyers nor the sellers could push the price in their direction. When this happens we get lower highs and higher lows.

As these two slopes get closer to each other, it means that a breakout is getting near.
We don’t know what direction the breakout will be, but we do know that the market will most likely break out. Eventually, one side of the market will give in."

Kommentera:

bullish breakout!

Kommentera:

New higher high

Kommentera:

almost hit the target

Kommentera:

Profit still is not taken