We're currently forming a symmetrical triangle, although on the daily it's making an ascending triangle.
If we break the black lines, the next leg will take us to the purple lines. Obviously the better trade is to the upside.
As always - it can go either way. Never trust a permabear or a permabull or someone who "sides" with the bulls or the bears.
Cheers and happy trading!
If we break the black lines, the next leg will take us to the purple lines. Obviously the better trade is to the upside.
As always - it can go either way. Never trust a permabear or a permabull or someone who "sides" with the bulls or the bears.
Cheers and happy trading!
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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.
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.