THE BIG PICTURE
Weekly Ascending triangle
The Resistance has been tested 4 times and support line is continuously drifting up signifying buyers interest.
GTT can be placed at breakout level of 1558, with a stop loss of 1461 previous weekly candle low.
T = R + H, Where: T – target price; R – resistance (horizontal line); H – pattern's height
T= 1558+638.
The Resistance has been tested 4 times and support line is continuously drifting up signifying buyers interest.
GTT can be placed at breakout level of 1558, with a stop loss of 1461 previous weekly candle low.
T = R + H, Where: T – target price; R – resistance (horizontal line); H – pattern's height
T= 1558+638.
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