Short term ascending triangle (bullish) pattern. We need a break above then a close above the upper line for me to be convinced as there have been a few ascending triangles that have broken down within the last month. This pattern is being dragged to the very end but a conclusion is near. Within the next day or so.
I'm going to remain neutral until I see a break and close (above or below).
This pattern is very evident on the 4-6hour charts.
I'm going to remain neutral until I see a break and close (above or below).
This pattern is very evident on the 4-6hour charts.
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Something else I noticed. The 2 ascending triangles that broke down before may have actually been bear flags, whereas we may not have a bull flag?
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We may NOW have* Is what I meant to say!