Symmetrical Triangle
This could also be called a large Descending Triangle.
Top line is a descending or a diagonal resistance line indicating lower highs with each swing up. This line must be broken to reach higher targets. T1 is in larger green type than T2.
Both patterns are neutral until broken.
Price is trying to bust through the .236 today of the trend up.
No recommendation.
Top line is a descending or a diagonal resistance line indicating lower highs with each swing up. This line must be broken to reach higher targets. T1 is in larger green type than T2.
Both patterns are neutral until broken.
Price is trying to bust through the .236 today of the trend up.
No recommendation.
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