Chart might look messy on first sight, but shows how two trend channels converge and form a range as the result.
Now we watch and see who wins the fight.
No volume coming in at the lows, so we probably complete the descending triangle with a break down.
Currently sidelined, opportunities will come once we break some structure.
A break down would invalidate my bullflag idea (linked below).
Now we watch and see who wins the fight.
No volume coming in at the lows, so we probably complete the descending triangle with a break down.
Currently sidelined, opportunities will come once we break some structure.
A break down would invalidate my bullflag idea (linked below).