Key Observations:
Pattern Type: Symmetrical triangle with converging trendlines.
Higher lows show demand stepping in.
Lower highs signal sellers defending resistance.
Volume Profile: Volume is tapering off, aligning with triangle logic → explosive move likely upon breakout.
Liquidity Pool Below: Large liquidity zone marked around 1.68300–1.74000, previously acted as accumulation base and demand zone.
Price Behavior: Currently nearing apex; compression suggests volatility expansion imminent.
Pattern Type: Symmetrical triangle with converging trendlines.
Higher lows show demand stepping in.
Lower highs signal sellers defending resistance.
Volume Profile: Volume is tapering off, aligning with triangle logic → explosive move likely upon breakout.
Liquidity Pool Below: Large liquidity zone marked around 1.68300–1.74000, previously acted as accumulation base and demand zone.
Price Behavior: Currently nearing apex; compression suggests volatility expansion imminent.
DKtrades
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