This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink."
Let see what will happen here minutely and something we can conclude.
How can we trade descending triangles?
Let's check below will reliable or not on real-time.
Typically you want to buy after the pattern breaks resistance. It is good practice to set a stop-loss just below the last significant high.
Hit LIKE button if you want to learn REAL-TIME PATTERN notification.
Let see what will happen here minutely and something we can conclude.
How can we trade descending triangles?
Let's check below will reliable or not on real-time.
Typically you want to buy after the pattern breaks resistance. It is good practice to set a stop-loss just below the last significant high.
Hit LIKE button if you want to learn REAL-TIME PATTERN notification.
Trade closed manually