Your support line randomly start in the middle of the original bull run. I commented the same thing on another chart today.
Consider this: price moves sharply down right now - guess what: the next trader will come up to the drawing board and redraw your support line, but with this new low in mind. You see - it's baseless to draw support lines based on 2 points, because the 2nd point is still unknown, it's dynamic, it's in the process of looking for that new low. And you never use 3 points - because that 3 point graph would show a definite BEAR trend, and you probably already took put a long position and are now trying to defend your incorrect prediction with a random triangle. Kindly, stop trading based on emotional attachment and random support lines based on 2 points of contact, one of which is still hung up in the air.
Consider this: price moves sharply down right now - guess what: the next trader will come up to the drawing board and redraw your support line, but with this new low in mind. You see - it's baseless to draw support lines based on 2 points, because the 2nd point is still unknown, it's dynamic, it's in the process of looking for that new low. And you never use 3 points - because that 3 point graph would show a definite BEAR trend, and you probably already took put a long position and are now trying to defend your incorrect prediction with a random triangle. Kindly, stop trading based on emotional attachment and random support lines based on 2 points of contact, one of which is still hung up in the air.