Symmertical triangle has formed on PPTUSD pair, target is purple EMA line for short term, however a move like this may spark a larger move. As you can see the first impulse labelled (1) was bullish hence this is a bullish symmetrical triangle, this can potentially lead to a second bullish wave.
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.