See red descending triangle followed by a relatively weak breakout, retest, and formation of a smaller descending triangle. This led to a nice long once it broke out of second red and settled on support.
See blue massive descending triangle followed by a relatively weak breakout, retest, and formation of a smaller descending triangle. Look for a break to the upside of the triangle and settle on support to enter a long.
See blue massive descending triangle followed by a relatively weak breakout, retest, and formation of a smaller descending triangle. Look for a break to the upside of the triangle and settle on support to enter a long.
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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.