Ascending triangle - Breakout's eve
Twas the eve(a few days) before Breakout after vigorous lows and highs over the course of a few weeks, clear patterns has emerged most notable is the formation of the ascending triangle.
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price support. We see the challenges at the line as we continue to closely track this forecast.
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price support. We see the challenges at the line as we continue to closely track this forecast.
Trade fermée: ordre d’arrêt atteint
Harsh intro into chart reading...
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.