This could possibly be a HUGE move to the downside. Price is at an extreme low
and breech of key support level has occurred. Target is typically the width of the
wide end of the Triangle, so pretty big.
Price looks like it might be going back up to the support line on the Daily charts,
so possible re-test where support now becomes resistance.
Let's see what happens!
and breech of key support level has occurred. Target is typically the width of the
wide end of the Triangle, so pretty big.
Price looks like it might be going back up to the support line on the Daily charts,
so possible re-test where support now becomes resistance.
Let's see what happens!
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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.