The chart below shows the 30-minute candlestick chart and the daily candlestick chart. The 30-minute chart indicates that the market has been in a sideways consolidation with very small fluctuations. The daily chart still shows a converging triangle pattern, and it will probably take a few more days to break out. I didn't place any trades today. In this kind of market trend, opening positions is extremely risky. Therefore, staying on the sidelines and waiting is the best choice.
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The chart below shows the 30-minute candlestick chart and the daily candlestick chart. The 30-minute chart indicates that the market has been in a sideways consolidation with very small fluctuations. The daily chart still shows a converging triangle pattern, and it will probably take a few more days to break out. I didn't place any trades today. In this kind of market trend, opening positions is extremely risky. Therefore, staying on the sidelines and waiting is the best choice.