Simples... Nice run up into HTF resistance so expect pullback and price action painting a descending triangle.
I could go into far greater detail but where's the fun in that!
Accountability.
This post is to demonstrate a variety of trading techniques and relationships amongst similar patterns. Although this is focused on RYCEY, I provide reference to RTX as a representation of airline engine manufacturing and reference the 2018 BTC consolidation.
Lately I've been studying the Wyckoff Distribution and found eerie similarities that are worth sharing.
...
