great trend trade if you went long on this. i put my resistance...

  1. fup
    1,158 Posts.
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    great trend trade if you went long on this. i put my resistance line at around 62.25, and am waiting on the outcome of the ascending triangle pattern forming. the timing for the tip of the triangle seems to be at a major turning point for markets going into the long weekend (~early morning AEST, evening US time). i'm tempted to go against the usual assumption of this being a continuation pattern to the upside - any views appreciated.
 
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