compressing in a symmetrical triangle
Since last summer, the price has started compressing within a symmetrical triangle.
Volumes are also perfectly balanced with the POC located in the middle of the triangle
Next week's earnings could give the price the definitive direction, confirmed by a close above or below the two red and green lines
Volumes are also perfectly balanced with the POC located in the middle of the triangle
Next week's earnings could give the price the definitive direction, confirmed by a close above or below the two red and green lines
Note
Still compressing
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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.