Price have been moving inside a symmetrical triangle since the beginning of the year. Once again it has touched the lower side of the triangle with a green outside bar which is (short term) bullish. A high probability setup but with a rather limited space for a move up (until it's broken out from the triangle).
It would only make sense to go in if you have really low commissions or use options (e.g. vertical 5/6)
It would only make sense to go in if you have really low commissions or use options (e.g. vertical 5/6)
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building a short scenario...