This pair is starting to form a symmetrical triangle, but its hard to guess a direction (for me) yet. I'm not looking at any macro factors, but it appears that we are starting to round out a bottom here, so the possibility of moving higher is what I'm leaning towards.
I like this pattern because it has a longer duration (prevalent on Weekly as well) than trading the smaller time frames. Does this mean the signal is stronger? Who knows, I won't be set in stone on a direction, so I'll be patient and see which way the market wants to move. My attempt is to post these set ups earlier, rather than be the trader that posts after he/she already made the trade.
I like this pattern because it has a longer duration (prevalent on Weekly as well) than trading the smaller time frames. Does this mean the signal is stronger? Who knows, I won't be set in stone on a direction, so I'll be patient and see which way the market wants to move. My attempt is to post these set ups earlier, rather than be the trader that posts after he/she already made the trade.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
