prices like to go in trend(john Murphy)
As you can see in the figure, we have a symmetrical triangle that represents the continuation of the previous trend
And to make sure we can get enough, including the famous John Murphy, that price doesn't forget the past
As shown in the figure we had a similar downward trend in the previous downtrend which then declined again.
And now in this descending trend, this symmetrical triangle is repeated
And the price is likely to continue in the future as long as the channel is specified
If you like this analysis, share it with your friends
thank you.
As you can see in the figure, we have a symmetrical triangle that represents the continuation of the previous trend
And to make sure we can get enough, including the famous John Murphy, that price doesn't forget the past
As shown in the figure we had a similar downward trend in the previous downtrend which then declined again.
And now in this descending trend, this symmetrical triangle is repeated
And the price is likely to continue in the future as long as the channel is specified
If you like this analysis, share it with your friends
thank you.
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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.