Buyers are advised to wait for a bullish breakout of the accumulation triangle, and form a bullish pennant pattern and go long till the projected staff of the flag.
Sellers are advised to wait for a bearish breakout of the triangle, and formation of a ascending wedge pattern and go short till the projected price of base of the wedge.
Sellers are advised to wait for a bearish breakout of the triangle, and formation of a ascending wedge pattern and go short till the projected price of base of the wedge.
Kommentera:
Considering the pattern is also a symmetric triangle, buyers can also close half of the trade at 1318