A triangle pattern has been formed now we wait for a potential break and continuation. Though we suspect a fall in price due to a bearish hammer formed on the daily with low trend activity because of this, fake outs may be experienced to stop out excess orders. Let's see how this plays out!
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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.