As shown in the chart, the price is being rejected when it reaches the ceiling of the triangle pattern and the area of volume density. If the price can break this area, it can grow as much as the triangle pattern. Otherwise, expect the price to fall and hit the bottom of the triangle. And the price continues to fall
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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.