There is a beautiffulThe marker is at his key moment, the volume is about to show up, it may shoot bullish but can also break bearish as a symmetrical triangle pattern.
Remember, dont enter too soon wait for breaks and confirmation, the price is still in bearish trend and price is bellow 50SMA in H1 & H4.
Hello everyone, we have a nice configuration of the descending triangle, price is close to the SMA, Fibonacci level + support level which becomes resistance. We see that the last large green volume has properly regulated the bottom trend line, the adjacent side of the triangle if I may say so.
Nevertheless, the market is well controlled, we can even see a triangle...
i know you guys can see this beautifull Bullish Pennant who start to settle from the beging of march, its may be a trap. The price is price cloose to the SMA , strong SELL volume .
Its may be a Symmetrical Triangle Pattern , so wait for the break to enter !
we are lookin here for a sell configuration. The price is hitting a strong resistance level and the historic trend line getting close of the resistance level making it a ascending triangle that could make the price flying up.
And the other way, the price hiting the two limits (resistance & trendline) can tell us the price may go down, considere a short...