Short term ascending triangle (bullish) pattern. We need a break above then a close above the upper line for me to be convinced as there have been a few ascending triangles that have broken down within the last month. This pattern is being dragged to the very end but a conclusion is near. Within the next day or so.
I'm going to remain neutral until I see a break and close (above or below).
This pattern is very evident on the 4-6hour charts.
I'm going to remain neutral until I see a break and close (above or below).
This pattern is very evident on the 4-6hour charts.
Note
Something else I noticed. The 2 ascending triangles that broke down before may have actually been bear flags, whereas we may not have a bull flag?Note
We may NOW have* Is what I meant to say!
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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.