Hi everyone.
Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation. Three rising valleys - no confirmation.
Good luck!
thepatternsite.com/st.html
Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation. Three rising valleys - no confirmation.
Good luck!
thepatternsite.com/st.html
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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.