Infobean – Triangle Consolidation with Volume SpikeAfter a sharp one-sided rally, the price entered a prolonged consolidation phase.
Instead of the usual parallel-channel flag formation, the structure has evolved into a descending triangle with slightly lower highs and marginally lower lows.
What stands out is the recent significant volume expansion—often called a “volume buster.” While the shape resembles a pole-then-consolidation setup, the breakout structure and volume shift highlight an important phase change in market activity.
I have only created how I would Draw it and try to get some information out of it.
(This is a structural observation, not a buy/sell recommendation.)
