Yesterday the end-of-day price fell below the trendline for the first time. Today we backtested this line.
The triangle in dark blue is to perfect to be true - real triangles forming continuation patterns don't exactly touch their borders for 3 or 4 times.
This doesn`t look good.
The triangle in dark blue is to perfect to be true - real triangles forming continuation patterns don't exactly touch their borders for 3 or 4 times.
This doesn`t look good.