At the graphic shown, we can take a look an ascending triangle, which has a neckline who was touch by the price 3 times before the breakdown, also we can the a look of the decesive close of the price, minimazing the price while times passing. The earn is determinated by measuring the height of the triangle.
Note
Turn to the left to watch the pattern
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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.
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.