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.
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.
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.
Chart show the Support and Resistance pattern prediction. I enter the market as a long position, where I buy at the lower price and I predict the price has the potential to continue the uptrend movement and cross the resistance level to get a profit. So when its cross my target price at resistance level, i will sell the stock and exit from the market as a profit.
This descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
This descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
