Hello,
We are forming another descending triangle, struggling to go up.
It will go more down after completing the triangle, and next major support is at 50k-51k area.
Invalid, if triangle break upwards.
We are forming another descending triangle, struggling to go up.
It will go more down after completing the triangle, and next major support is at 50k-51k area.
Invalid, if triangle break upwards.
Trade active:
Triangle looks invalid now. But, this pattern can turn into a bear flag now.
Trade closed: target reached:
Dump happened like predicted.
So, descending triangle is still valid and now it is at 53k.
50k is still expected.