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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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。