DESCENDING TRIANGLE spotted. Wait for the MA to compress and range. That usually means the volatility is building up before exploding like a compressed spring. You can use Bollinger Bands if you want but they are quite untidy on the charts.
Profit target:1.3535 (green line)
I'll calculate separately if the pattern fails and goes up. I need to know where the breakout point is
Profit target:1.3535 (green line)
I'll calculate separately if the pattern fails and goes up. I need to know where the breakout point is
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.