There is a good chance for a break of the top side trendline. If so, after a short correction the buy setup is completed. If there is no breakout, the pattern is not valid.
Note
Trendline has been reached. Look for a breakout or a sell setupRelated publications
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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.
Related publications
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.