Formed a symmetrical triangle on the 4h chart after breaking down of the long-term uptrend parallel channel.
Broke out of the triangle to the upside. Looking for more upside and a possible re-entering of the long-term upward channel.
Another good indicator to note is that the 9EMA cross over the 21EMA. Time to go long.
Broke out of the triangle to the upside. Looking for more upside and a possible re-entering of the long-term upward channel.
Another good indicator to note is that the 9EMA cross over the 21EMA. Time to go long.