Hi everyone.
Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation. Three rising valleys - no confirmation.
Good luck!
thepatternsite.com/st.html
Today on white - for the transparency. Price stopped in front of a zone of strong resistances. So we have consolidation. The consolidation of the symmetrical triangle. This is a continuation pattern. We are waiting for breakout. DMI indicates lateral trend. The Kumo as support. Bullish channel still valid. Inverse Head & Shoulders - no confirmation. Three rising valleys - no confirmation.
Good luck!
thepatternsite.com/st.html
