Cheak my analysis
In the above chart we can see a pattern, which has not been completed. This pattern is created when the price is in a downtrend.
We can also call it a Symmetrical Continuation Triangle. Whenever such a pattern is formed, we can see a downside momentum.
Now that this pattern is not completed here, we have to wait for the pattern to be completed. When the pattern is complete, then we will take a position here
We can also call it a Symmetrical Continuation Triangle. Whenever such a pattern is formed, we can see a downside momentum.
Now that this pattern is not completed here, we have to wait for the pattern to be completed. When the pattern is complete, then we will take a position here
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.