Updated
Cheech n Chong says Sym Triangle
Drawn out a few outcomes on this chart sym triangles can break either way its at the top of a run so it looks bullish to me but it also is coming up on the resistance marker of the previous run in October and has yet to make a higher high from that run.... so TECHNICALLY is bearish. either way heres a few trend lines and support/resistance markers for you all.
Green is Bearish target with an extended target to the bottom the trend line...
Red is Bullish target of the triangle which breaks the trend of the LOCAL high and could retest the large upper trend line at a later date.
Best of luck traders hope this helps some of you :) Comment, Like, and discuss can only get better if you all challenge my thoughts/ideas.
Green is Bearish target with an extended target to the bottom the trend line...
Red is Bullish target of the triangle which breaks the trend of the LOCAL high and could retest the large upper trend line at a later date.
Best of luck traders hope this helps some of you :) Comment, Like, and discuss can only get better if you all challenge my thoughts/ideas.
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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.