If this idea plays out like this it is going to be another repeat of the march fall to 3,500. In the short term we are looking at a drop to 10291 with a rise following that will take it to 11,700-12,000. We can see there is volume waiting on the books at that level which can only mean one thing. We have a symmetrical triangle within the overall pattern of a descending triangle. I have tossed this around a lot and this makes the most sense.
Do you agree? Comment what your thoughts are on this scenario and if you think that it is a viable pattern.
If you like my content throw me a like and follow for more updates as more data comes in. I appreciate the support!
Do you agree? Comment what your thoughts are on this scenario and if you think that it is a viable pattern.
If you like my content throw me a like and follow for more updates as more data comes in. I appreciate the support!
Catatan
Well this symmetrical triangle continued pumping here and unless it proves to be a premature breakout which I doubt this will do we got a good deal of upside to look forward to as on the month chart we are just out of the triangle
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.