Multiple patterns at play in this 2,5 weeks range area:
- A weak broadening ascending wedge thepatternsite.com/abw.html
- A megaphone? thepatternsite.com/bt.html
- A diamond? thepatternsite.com/diamondt.html
Tank or fly?
Footnote: The smaller the time frame, the weaker the pattern. Most of the thepatternsites.com pattern analysis spawns multiple weeks on the daily time frame, but also work on smaller time frames. General rule: the greater the time frame, the stronger the case!
- A weak broadening ascending wedge thepatternsite.com/abw.html
- A megaphone? thepatternsite.com/bt.html
- A diamond? thepatternsite.com/diamondt.html
Tank or fly?
Footnote: The smaller the time frame, the weaker the pattern. Most of the thepatternsites.com pattern analysis spawns multiple weeks on the daily time frame, but also work on smaller time frames. General rule: the greater the time frame, the stronger the case!
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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.
Related publications
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.