Descending triangle pattern forming
A classic descending triangle pattern confirmed by decreasing volume.
Lack of buyers pushing price down.
Wait for confirmation of the trending line or support before you go long or short.
Lack of buyers pushing price down.
Wait for confirmation of the trending line or support before you go long or short.
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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.