Learn Patience
The whole picture. Trading in a nutshell. Big consolidations know matter the form; triangles, pennants, or rectangles... etc. A good trader has a lot of patience. So, at the moment we are in a good rectangle base consolidation, it could change to another form. The trade and the hope would be that in time we breakout to the upside of the consolidation for a big move to the long-term downtrend line. Could always breakdown to the downside and we would have a short. The lesson here is patience in your trading journey. Good luck to all and God bless.
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.