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Berzerk_invest
Apr 21, 2021 5:39 AM

Great consolidation before HUGE IMPULSE!📈 

Invesco Solar ETFArca

Description

Good day starts with a good trade, folks🔥
There is a great formation.
Ascending Triangle on TAN financial instrument.
There was a confident bearish movement before th consolidation.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
However price may break support zone earlier.
That's why follow the chart and look for the breakout carefully.

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Comments
anhga
Nice pattern, looks like 3 bottoms also.
Great job. Thanks for sharing.
Berzerk_invest
@anhga, thanks for your feedback
ReedusFeleedus
Isnt this descending triangle? Resistance is coming closer and closer to support? New to TA and genuinely asking
Berzerk_invest
@pranavsubash, clickbait for comments😉
You are totally right, this is Descending Triangle
P_S_trade
Nice pattern
Berzerk_invest
@P_S_trade, thank you, my friend!
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