This descending triangle pattern on the 4-hour chart of the spot Platinum CFD offers an opportunity for a short trade in case of a downside breakout. The triangle's borders are marked with the yellow lines. The cyan line is my potential entry level. The green line denotes my take-profit level. I will set the stop-loss level to the high of the breakout bar (not shown on the chart).
Order avbruten:
Cancelling the pending order as the pattern broke to the upside.
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