Link, ChainLink - breakout pattern. Look where is entry point👇
Price formed a clear triangle. In that case, sure, is 2 variants:
1. Breaking the resistance line, retest, and going up
2. Breakout of the support line, retest and move down
Based on what is the background of the whole market now. I think it's more likely for the first option to be realized. As always, with stop-loss.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
1. Breaking the resistance line, retest, and going up
2. Breakout of the support line, retest and move down
Based on what is the background of the whole market now. I think it's more likely for the first option to be realized. As always, with stop-loss.
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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