🎯 Triangle Tightens — Precision Required
In true Monaco fashion — elegance meets precision.
🟪 Pattern: Contracting Triangle (ABCDE)
⚙️ Price perfectly respecting dynamic structure
📍Currently printing leg D → E with bullish momentum from the base trendline
🎯 Anticipated move towards 0.5849 resistance zone
🧠 Playbook Setup:
📈 Long from 0.5817–0.5820
🎯 Target: 0.5837–0.5849
🛑 Invalidation: Close below 0.5817
🚧 Wave E = decision point
Breakout or reversal? Play the retest like a gentleman.
📊 Bias: Short-term bullish to complete the structure — then react, not predict.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.