lauralea

Symmetrical Triangle

NYSE:LLY   Eli Lilly and Company
Price broke upper trendline of triangle on the 5th touch then a throwback occurred. Price is back in the symmetrical triangle again. Not quite to long entry level.

This pattern is neutral until a trendline is broken with a trend in that direction.

Todays candle at the moment I write this is a Doji, a candle of indecision

If price breaks upward, then possible stop under top trendline.

No recommendation
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