A triangle is being formed but chart patterns are just a theory without confirmation. I’ve seen a lot of people assuming it’s going up or down but I prefer to plan for both situations, mark my entries and be ready. If it goes above the triangle am buying and if it goes below and selling.
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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.