czasnaefekty

Breakout of the triangle. Waiting for the pullback.

Long
BATS:PLTR   Palantir Technologies Inc.
On the chart, the D1 support level is visible. Just before it, a triangle has formed. This indicates a slowing down of the price.

Subsequently, this triangle was broken. At the same time, a morning star candlestick formation appeared on D1.

One of the possible scenarios I will be waiting for is a pullback to the area indicated on the chart. Then, if the price rally continues up to the next resistance, there is a chance to capture as much as an R:R of 5:1.

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