Triangle ECOR3

There is a triangle in ECOR3 5M that could lead to a upward trend or a downward if breaks below line.
Also you need take care about false breakings in this pattern, for now i just can suggest watch market movements and wait a trustful breaking.

If you wanna hold this share (Swing trade) there is a good trending line on H4, so keep long position until second word

Giao dịch đang hoạt động:

The upper line was broke, now i am long
SL: 9.29
TP: 9.44

Bình luận:

Share paid R$0,28 on cash dividend. I was forced to enlarge stop loss because there is a great movement today (BOVESPA has this trait...) Now:
SL: 8.04
TP: 9.24
My medium price is now 8.82 because i bought more shares at 8.45, after a morning star pattern.