Divergence is indicating a move down which may mean that price is going to break out of the triangle formation to the downside. If it looks like price is going to reverse then there is also a nice little trade to take so you can profit off of this triangle either way it goes.
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.