This is a messy one but its leaning a bit towards a bullish side because the pattern is looking more like a pennant to me than a symmetrical triangle, but correct me if I'm wrong.
There is a continuation of a bullish momentum forming here, and if possible a strong 50% may be incoming. However, nothing is confirmed until a break from the triangle is seen.
There is a continuation of a bullish momentum forming here, and if possible a strong 50% may be incoming. However, nothing is confirmed until a break from the triangle is seen.
Note
It turned out that we had a false flag, and it was indeed a bearish runRelated publications
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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.