Descending triangle in strong trend down, looks like it's time to get down even more.
Comment:
Idea was incorrect.
Anyway it always a good idea to see how actually price is moving out of triangle/wedge and the act accordingly. Go long if it breaks out, go short if it breaks the lines down.
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Anyway it always a good idea to see how actually price is moving out of triangle/wedge and the act accordingly. Go long if it breaks out, go short if it breaks the lines down.