The weekly linear symmetrical triangle truncated

4 thg 10

I wanted to post thesame triangle I posted in the previous idea,but instead of starting the top trendline from the ath in 2018 starting it from the second highest wick.I think both are valid but wanted to give this one its own separate chart since in doing so it makes both the top trendline of the triangle and the bottom have a more similar length and also gives me a easy red ,ove line that is tilted forward which could be useful should the dotted measured ove line start to act as additional support or resistance along the way to the target. Once again as I said in the previous idea, no breakout has been confirmed of this in ear triangle pattern just yet, but the current weekly candle is holding wick support exactly on the top trendline currently which is an optimistic sign. Still completely possible it loses that support but for now it seems post worthy so I can keep a close eye on it. *not financial advice*

4 thg 10

Ghi chú

The breakout target for the slightly more truncated triangle is $2.38 (if it validates the current breakout point.)

19 thg 11

Ghi chú

I’d say if you click play on this it’s pretty safe to say it’s validated the breakout.

25 thg 11

Ghi chú

About halfway to the target.

30 thg 11

Giao dịch đang hoạt động

About 2/3rds of the way to the target now.

2 thg 12

Đóng lệnh: đạt mục tiêu

Target hit!!