Hey guys, interesting formation for this week. I keep an eye on this huge triangle formation on daily timeframe. There is a good opportunity to get into the market before we see some accelerating pricemovement to the upside. We saw the three points of contacts at the resistance area. After that often follows a strong countermovement. If this countermovement stops in the marked zone and building some nice reversal candle on 4h, I will open 2 stop buy positions above this candle. Be confident, just when there is built a worth candle, I will open the position! First target is the known resistance, previously touched three times. The second aim will be the breakout of the triangle with an target at least to the marked white zone. Good luck.
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