Huge symmetrical triangle!

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The potential for a bounce off the lower trendline of the symmetrical triangle is expected. It depends on the closing price. If the close is below the lower trendline, the potential targets are stated. However, if the bounce is significant and the close is above the upper trendline, a long position is considered.
Commentaire
The price made a strong rebound from the lower trendline of the symmetrical triangle as expected and is now approaching the upper trendline. If it breaks through this level, the potential targets for the price are 4050, 4120, 4150, and 4220.
Commentaire
4050 ✅
Waiting for FOMC decision.
Commentaire
4120 ✅
4150 ✅

Both in a single day! #FOMC was the catalyst. Looking forward to range highs. Fed's speech was #dovish.
Trade fermée: cible de profit atteinte
This was a great trade! ❤️ Congrats to those who profited!
Chart PatternsSPX (S&P 500 Index)S&P 500 (SPX500)StocksSymmetrical TriangleTrend Analysis

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