🌶️ CHZ - TRIANGLE TO WATCH

fraudiana@bbs profile image
Sep 9, 2022
CHZ - 4hr chartCHZ - 4hr chart

A triangle to watch on the CHZ chart. If we close above the trend line here, we would also close above the 55 EMA, which could push CHZ up to the next major resistance zone around 10-14%.

I'm still short from .26 and if that happened, I'd close my position and try a long. If we get a rejection here, we might retest the dashed white line. If you're not in a short already, this would be too risky for me to short.

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