If candles break the yellow line we are faced with Uptrend.
BUT, in case of returning from yellow line and exit from yellow triangle, we have a descending triangle and after exit from Descending triangle, the candles will be stopped by touching the black line that has a support role from the past.
BUT, in case of returning from yellow line and exit from yellow triangle, we have a descending triangle and after exit from Descending triangle, the candles will be stopped by touching the black line that has a support role from the past.
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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.