Symetrical triangle with breakout to the up side. Breakout from the triangle occurs. 54% of all cases this breakout is upward. However, these types of triangles may show many false breakouts, which urges traders to pay a little more attention and to act with caution. Always wait for confirmation. DISCLAIMER The trading ideas, analysis, and comments above...
Hello crew, Luna has been trading in an ascending channel for the last 4 weeks, forming a Bake & Retest Pattern like it happened accouple of weeks back. We are also in the oversold area on the RSI meaning that we might see a reversal in the next week Saying all this I would look at going long and placing trades at $90 Further more if we have enough volume to...