TA: - Huge cloud with a very horizontal top edge - We see a triangle that could break any day now - RSI is following a bullish trendline and is trendline is above the 50 level - Stoch RSI about to make a crossover and is oversold - Volume is confirming triangle
Strategy: Wait for price break out of triangle(up) make sure it is not a fake breakout so look for some conformation for example check for a volume spike. When the triangle breaks up and is confirmed it is probably also a conformation for an edge to edge ichimoku cloud trade so the top edge is probably going to act as a resistance. Triangle can also break down so wait the conformation!
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