Manuelsilvat

Symmetric triangle on XOP ETF

AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
A symmetric triangle is developing on XOP ETF. We need to wait till the price breaks the support line or the resistance line to establish a position. The break need to be confirmed by the volume. The price to open a position in the chart is only representative, we must establish a position when the price breaks the triangle, with the take profit as long as the triangle base and the stop loss near to the last minimum/maximum point.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。