n 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
We can also call it a Symmetrical Continuation Triangle. Whenever such a pattern is formed, we can see a downside momentum
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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.