The converging triangle’s third impact is basically the final chance for the bulls. Since it didn’t break up, it’s likely to move downward. The fourth breakout is likely a false breakout, and even if it’s a real breakout, the final outcome is most likely a “breakout equals a top” trap—be cautious about chasing longs.

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Swordfish
· 1h ago
How many points are appropriate for a short position?
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