In the past, the price broken down a cycle of Spike, Channel, Tradingrange. Then it forms that cycle again. IF the triangle pattern breaks down, it will be good to short IF the triangle pattern breaks up, the Channel will change into Tradingrange
Comment
the triangle pattern breaks up,it is a buy opportunity
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.