scenario 1: a rising triangle is formed at the intersection of the Blue ray and the red ray. if he closes this place with 2 candles for 4 hours, the direction will be up.
Scenario 2: there is a symmetrical triangle at the intersection of the yellow ray and the White Ray. If he closes 2 candles for 4 hours above the Triangle, the direction is up.
Bollinger Bands are narrowed. There will be a change of direction.

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.