We have a contracting triangle here which has the potential to turn into a ABC correction to the downside. We'll be shorting this trade :-)
Comment:
We Have A Possible Ending Diagonal. The Market has Changed Its Structure That Does Not Invalidate The Sell Setup Or Mean That You Were Wrong When You Sold It Simply Means The Market Is Not Ready To Move In That Direction As Of Yet, So You Need To Be Patient With Your Trades :-)
Comment:
Watch For strong Impulse Breakdown!!