Descending triangle lower time frame top / fakeout
2 scenario
Primary = descending triangle, 3 touches on the resistance to complete the short term top structure
Secondary = falling wedge like structure
Primary = descending triangle, 3 touches on the resistance to complete the short term top structure
Secondary = falling wedge like structure
Note
Idea invalid. Secondary scenario playing out.Note
Still anticipating a trip down tho.
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.
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.