Will probably happen if bears aren't too strong and it happens in the next day (before the "scary" August 1st date everyone was freaking out about)
Note
So far it looks like first attempt to break up was denied. Curious to see what happens next though...Note
Could be turning into a larger handle...could also be on it's way to failing completely.Note
Definitely a much bigger handle forming. Not sure if it will succeed, but so far I've found that it fits nicely into the 2hr cloud support as well. We'll have to see what happens at the end of the triangle to see how far we go up or down.
Note
It dragged out sideways for a while, but eventually made both possible targets :)
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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.