Descending triangle... A lot of bagholders about to capitulate.
Comment:
triangle couold also be up to this purple line, in which case 13.8 would be the LPSY. However, you could open a short here with a tight stop on this retest of S:R level as an insurance policy in case this triangle ends up being the real one.
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triangle couold also be up to this purple line, in which case 13.8 would be the LPSY. However, you could open a short here with a tight stop on this retest of S:R level as an insurance policy in case this triangle ends up being the real one.