Adding another chart for more details to the earlier one I posted. Continuation of the downtrend pattern with a triangle with a target of $5620
Pattern will be invalidated if we break with conviction the triangle to the upside.
The chances this is a continuation pattern are 70/30.
Good luck!
Pattern will be invalidated if we break with conviction the triangle to the upside.
The chances this is a continuation pattern are 70/30.
Good luck!
Comment:
Triangle was invalidated and downtrend line is broken. Close your short trades.
