The market is forming a triangle.
--> Wait for the nearest prior high or low to be taken off. And do a 100% symmetry projection to find the initial trade target.
If the price down breaks the triangle, the 1.0 projection will be taken from A to B, projected from E.
If the price up breaks the triangle, the 1.0 projection will be taken from B to C, projected from D.
And do notice the nearest prior low or high may not be D or E if the triangle continues.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
--> Wait for the nearest prior high or low to be taken off. And do a 100% symmetry projection to find the initial trade target.
If the price down breaks the triangle, the 1.0 projection will be taken from A to B, projected from E.
If the price up breaks the triangle, the 1.0 projection will be taken from B to C, projected from D.
And do notice the nearest prior low or high may not be D or E if the triangle continues.
**Not Financial Advice**
The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.