Nice symmetrical triangle forming - breakout to the upside!?
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Symmetrical triangles normally resolve themselves by breaking out in the direction of the trend, which is up. Break out to the upside should occur once these events begin to unfold...Below is what I wrote at the end of October. Ledger volume during this period exceeded exchange volume for the first time. It is all set up to break-out in a very big way!? NOV 19 - 20 - TEMENOS, software implementations NOV 21 - 25 - SAP integration NOV 30 - EU TIPS live NOV 30 - DEC 1 - G20 SUMMIT DEC 12 - Bakkt exchange goes live
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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.