Descending Triangle generally is bearish formation
1) we have 2 reactions lows in horizontal line
2) we have 2 reactions Highs in Upper Descending Trend Line
3) declining volume
4) Lower high after we reached 14K
::> any downside breakout can leads us to 10K
1) we have 2 reactions lows in horizontal line
2) we have 2 reactions Highs in Upper Descending Trend Line
3) declining volume
4) Lower high after we reached 14K
::> any downside breakout can leads us to 10K
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.