DOGE - H15 - TRIANGLE - BREAKOUT IMPLICATIONS !

M15 : Triangle in progress !
BREAKOUT IMPLICATIONS : PLUS OR MINUS 0.813 (+/- 12 %)
A breakout of this triangle would trigger a move of 0.813 pips either on the downside (expected)
or on the upside.
watch carefully ongoing price action and fasten your seat belt !
Protect short position accordingly

Kommentera:

Ongoing pullback price action in the direction of the triangle breakout...which also coincides with the Mid Bollinger Band and with the 61.8% Fib ret of the last downside leg. so far recovery seen up to 50% Fib ret or Kijun-Sen !
watch closely upcoming price action

Kommentera:

low so far 0.584540, target @ 0.5767 missed for the time being.
small pullback with limited upside potential expected b4 target...
Again monitor very carefully price action.
You can protect your gain in changing the level of your stop loss accordingly.
Good luck friends :-)

Kommentera:

+12.36%

Kommentera:

position closed @ 0.5767

Kommentera:

watch clouds support on H1 !!
A failure to hold above it would probably accelerate the selling pressure ...