Beautifully formed descending triangle. Really strong support at the lower border, and it's been tested a few times already. Are we due for another bull run? We'll find out soon enough.
Looks like we have another convergence of higher lows and lower highs. Expecting it to break out and continue trend.
SAW A POSITIVE BREAK OUT ON THE FIRST CONVERGENCES ON THE MICRO LEVEL (LEFT RED TRIANGLE) THEN A NEGATIVE BREAKOUT OF THE SECOND CONVERGENCE. THE TOP BORDER OF THE TRIANGLE WAS MORE HORIZONTAL WHICH MEANS A GREATER RESISTANCE AT THAT LEVEL, SO A NEGATIVE BREAKOUT WAS EXPECTED. ZOOM OUT TO THE 15 MIN, ANOTHER INCOMING CONVERGENCE. IT'S BEEN RESPECTING THE BORDERS...