Price stays inside a converging triangle

28.01.2021

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The price made an upturn with a reversal again, returning to the level of the lower generatrix of the triangle. There is a high probability that there will be no breakdown again and growth will begin. But it is not recommended to open any deals in this context.

In this situation, it is recommended to wait until the upper line of the triangle is reached, or the price fixes below the lower line. Until then, it is better to stay out of the market.

Investment idea: flat.