This is Classic complex Pattern , which may lead to many misleading trend direction
One of the Reason for this kind complexity is involvement of Institutions more then 3
Institutions which are having Good amount of Investment usually will have disagreements
which results in creating ideal patterns this is different its so complex that patterns are formed
inside a larger pattern , indication the institutions more then 2 or minimum 3
Ideally this will result in sharp decline after an brief disagreements of Major Market
Participants
The above description is based on my personal experience
One should consider this an education content
Good luck
One of the Reason for this kind complexity is involvement of Institutions more then 3
Institutions which are having Good amount of Investment usually will have disagreements
which results in creating ideal patterns this is different its so complex that patterns are formed
inside a larger pattern , indication the institutions more then 2 or minimum 3
Ideally this will result in sharp decline after an brief disagreements of Major Market
Participants
The above description is based on my personal experience
One should consider this an education content
Good luck
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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.
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.