It's in a rare diamond pattern and also a symmetrical triangle, maintaining consolidation within it for months. The breakout from this pattern is expected to be significant and rapid, either with a surge or a sharp drop, involving a considerable percentage change.
Three days ago, there have been attempts to break out with increased volume. However, the trendline appears robust, promptly rejecting any advances. It seems like a substantial catalyst is needed to break out of this pattern.
In my assessment, there is a 55% chance of a breakdown and a 45% chance of an upward breakout. This conclusion is drawn from its current position, situated below all major moving averages except the 200-day.
Regardless of the direction, a long or short trigger could be highly useful and powerful, offering a potential opportunity for easy profits.
Three days ago, there have been attempts to break out with increased volume. However, the trendline appears robust, promptly rejecting any advances. It seems like a substantial catalyst is needed to break out of this pattern.
In my assessment, there is a 55% chance of a breakdown and a 45% chance of an upward breakout. This conclusion is drawn from its current position, situated below all major moving averages except the 200-day.
Regardless of the direction, a long or short trigger could be highly useful and powerful, offering a potential opportunity for easy profits.
Ghi chú
I would wait to break a minor trend line that connects shadows. In our case, today's lows must be broken on a 5-minute chart for me to enter short.
Ghi chú
Damn still in a triangle. Move will be epic I would say.
Consistency is the key of success....
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Consistency is the key of success....
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.