The symmetric triangle is an uncertainty triangle. The price could break out from either side.
So, we should pay attention to signals that may reveal direction.
The volume shows that both sides were not confident, however, we seem to have more green bars recently.
The MACD combined together and we cannot see a clear trend. And the RSI does not show any signal either.
The symmetric triangle is just at the beginning level. The price would be testing within the Bollinger Bands several times.
Let’s wait for more signals.
So, we should pay attention to signals that may reveal direction.
The volume shows that both sides were not confident, however, we seem to have more green bars recently.
The MACD combined together and we cannot see a clear trend. And the RSI does not show any signal either.
The symmetric triangle is just at the beginning level. The price would be testing within the Bollinger Bands several times.
Let’s wait for more signals.