De_Dommex

Descending triangle

Long
NYSE:NIO   NIO Inc.
A descending triangle formation that shows a partten in which the price is about to surge to the upside.
Now we look out for a break out, once we see a breakout of the downward trend lines which shows the upward move in price. That should be our entry

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.