In the above chart we can see a pattern, which has not been completed. This pattern is created when the price is in a downtrend.
We can also call it a Symmetrical Continuation Triangle. Whenever such a pattern is formed, we can see a downside momentum.
Now that this pattern is not completed here, we have to wait for the pattern to be completed. When the pattern is complete, then we will take a position here
We can also call it a Symmetrical Continuation Triangle. Whenever such a pattern is formed, we can see a downside momentum.
Now that this pattern is not completed here, we have to wait for the pattern to be completed. When the pattern is complete, then we will take a position here