


LLVVB
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20Ideas
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0Joined Mar 9, 2018
chartpattern
supportandresistance
trendline
triangle
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The Ascending Triangle is a classic Continuation Pattern . Meaning we pause, establish a price range and then continue in previous direction.. in this case up. We also see confluence with a Weekly Support Level. Which so far, has held closing price above 9,417 since 6/21/2019. It is a possibility we break this pattern and all the signs are lying to us.. but...
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Waiting for confirmation of us going back to test the green TL, and if we reject heavy off that, will enter in a small 3% risk short . Would be great to see the dark blue Support with a clean break.
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