NG1! is making a symetrical triangle wich may broke on high side
First I draw a major trending line starting on early 2014 touching a high point on November 2014.
Second, I draw another trending line touching 3 points: on early 2015, May 2015 and on last week high.
These 2 lines are making a focus point near 2.90$ on early July.
Then I draw symetric triangle with upper trending line starting around mid May and touching last week high, the bottom trending started around end of April touching early June bottom making a focus point with first major trending line discribe above at 2.75$ near end of July.
Considering we were at a major bottom in April 2015 the exit of triangle may be on the high side with a price target around 3.50$ wich is corresponding to the trading range wich occured from August to Sptember 2014
Second, I draw another trending line touching 3 points: on early 2015, May 2015 and on last week high.
These 2 lines are making a focus point near 2.90$ on early July.
Then I draw symetric triangle with upper trending line starting around mid May and touching last week high, the bottom trending started around end of April touching early June bottom making a focus point with first major trending line discribe above at 2.75$ near end of July.
Considering we were at a major bottom in April 2015 the exit of triangle may be on the high side with a price target around 3.50$ wich is corresponding to the trading range wich occured from August to Sptember 2014
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.