IS this a Fake break up?
I see a triangle pattern here indicating that the price might move down (continuation pattern). But in the last 2 days we had a break up of triangle. Should this be interpreted as a real break up and will we see further move up?!
Price is very close to the 55 ema and has a chance to break up.
Do you prefer to open a long position with stop loss?
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Note:
I'm new to TA and try to learn from your comments and test myself, Please give me your valuable feedback! Thank you
Price is very close to the 55 ema and has a chance to break up.
Do you prefer to open a long position with stop loss?
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Note:
I'm new to TA and try to learn from your comments and test myself, Please give me your valuable feedback! Thank you
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