In the past, the price broken down a cycle of Spike, Channel, Tradingrange.
Then it forms that cycle again.
IF the triangle pattern breaks down, it will be good to short
IF the triangle pattern breaks up, the Channel will change into Tradingrange
Then it forms that cycle again.
IF the triangle pattern breaks down, it will be good to short
IF the triangle pattern breaks up, the Channel will change into Tradingrange
Note
the triangle pattern breaks up,it is a buy opportunity
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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.
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.