Check the price behavior when touching the top line of the pattern. If the top line is broken, the pattern will be confirmed and we will see a price increase.
If the blue uptrend line breaks, the probability of a price rise will decrease. If the bottom line of the pattern breaks, the pattern will be lost and the price will fall.
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.