A nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong.
The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market...
Traders
Possible longs off what seems to be a good level, but there are some issues with the trend here. It proves too risky to get any positions and keep them for the long hold because
1:The target isn't expansive. The target is nearby, and we're already near strong resistance levels.
2:We're in a minor zone overall. The levels aren't as integral as I would...
