Think something like this may play out. Exits from descending expanding triangles are usually quite volatile. This would also form an inverse H&S.
RSI divergence on the 4hr chart, coupled with current fear ratings are a good combination.
RSI divergence on the 4hr chart, coupled with current fear ratings are a good combination.
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.
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.