The symmetrical triangle indicates buyers and sellers consolidating price into a tight range. When either the buyers or sellers exhaust, the winning side will push price in one direction violently.
Note
Still respecting the triangle.
It's not about the money made. It's about the freedom created.
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.
It's not about the money made. It's about the freedom created.
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.