The Security has formed a symmetric pattern on an hourly chart, a breakout on any direction would be an opportunity to enter the security.

If the breakout is on the upside the security need to trade above the EMA and the RSi should trader above 63, if any of the condition is not fulfilled ignore taking long position.

If the breakout is on the downside the security should trade below the EMA and the RSI should trade below 43, if any of the condition is not fulfilled ignore taking a short position.

Advice : Trade if following condition are fulfilled.

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Mar 27 2022