Forecast of downtrend and descending triangular breakout

11 mar 2020

This could be a load of rubbish as we all know but if the current trend proves to be a consistent trend that we have all seen with triangles, this looks like the most viable way of a downtrend we can predict... hopefully we can see a breakout today from the descending triangle, the ghost pattern I have put on is for visual aid only.

11 mar 2020

Trade chiuso: obiettivo raggiunto

Target of fifth touch has been reached, if true to the trend it should breakout to the downside and short position in force