Robert24

XAGUSD proportional shrink on the angle

FX:XAGUSD   Silver/USA-dollar
3
Notice the similarity in pattern. The move just before the up move. Interesting. I just drew the larger triangle, moved it over the lower pattern and set the same angles with one side inside following the parallel of the bigger angle. Easy way to clone and shrink an angle.
A spike up is often what happens before a smash down. People always buy on rising prices. Everyone thinks up now. The insiders dump their shares and go short, then it bombs. USDTRY did the same thing. See if it happens.
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