The chart shows Symmetrical Triangle Uptrend, this situation occurs when the buyer and seller lose momentum and the market moves sideways and the price movement is getting smaller and smaller. In this situation I see a symmetrical triangle pattern occurs in the uptrend market and expect the price to breakout upwards.
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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.