A progression on my previous overview - based on basic analysis on restraints, but a warn against a possible bull trap as the triangle reverts to the previous rate of decline....
If it breaks out or we see an inverted double triangle forming at or higher than the previous low prior to the breakout, strong possibility for bulls to gain the upper hand..
Opinion not advice - will respond to comments where I can.
If it breaks out or we see an inverted double triangle forming at or higher than the previous low prior to the breakout, strong possibility for bulls to gain the upper hand..
Opinion not advice - will respond to comments where I can.
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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.