The break of the triangle structure will give us the opportunity for a buy or a sell trade, depending on the direction of the break. Price will continue to bounce on the sides until this will happen. With the easing of the market conditions after the past weeks storm created by SVB bank situation, Credit Suisse, etc, and the fact that we are at a very high price, I feel that the break will be SHORT. Anyway, I will wait for the structure break to see what effectively the direction will be.
Thank you
Thank you
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