The symmetrical triangle which has formed on the price of sui is a consolidation phase that has been happening ever since the price reached the swing low , where the price never broke the low it kept correcting forming higher lows. Converging buyer and sellers forming a symmetrical triangle , which it's around and near the breakout , we are waiting for the breakout , an uptrend breakout signifies beginning of the bullish market , and a downtrend break out means continuation of the downtrend
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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.