Volume has been decreasing for some while and this may suggest we have had a fake breakout on the symmetrical triangle as we are sitting right on the main support level (dotted purple line).
However,the 78.6% fibonacci could still be tested just below $6K but this might prompt the full blown test of the triangle target around $4.34K?
tradingsim.com/blog/...ymmetrical-triangle/
However,the 78.6% fibonacci could still be tested just below $6K but this might prompt the full blown test of the triangle target around $4.34K?
tradingsim.com/blog/...ymmetrical-triangle/
