Description
⋅ Hi Traders,
This formation is so far aligned with a continuation pattern.
The 3rd target is the macro resistance trendline.
With contracting triangles, we have a number of models.
As per the chart, I have outlined the most common.
However this also aligns so far with the wyckoff distribution as well.
Please give me a like and share,
Regards,
S.SAri
Note the RSI for the bullish signal