As we approach the APEX of our symmetrical triangle, I provide what I believe are the two likely scenarios. Obviously, you should consider my statement is open to refutation, so trade carefully.
Note
Was my BEAR-TRAP scenario reality or is this just a normal retracement followed by additional capitulation?
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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.