Symmetrical triangles tend to continue in the same direction which would indicate a downward movement from here. (definitely can break up as well though) The target of a symmetrical triangle breakout is the distance from lowest point to the next highest and use that amount from the breakout point.
Commentaire:
As of right now we have appeared to have broken lower... Here is what I'm looking at possible resistance levels and last target.
Commentaire:
So it faked a breakout down and now is above the trendline... Not moving alot so would be careful trading these.
The last time we had a fake out both ways we went down alot...