-- higher lows, and resistance remains @79.20, if the triangle is valid, then short IYR.
-- not a reverse
-- keep going down after break downwards the triangle
set stop @ 79.3
Commento:
it broke out from the consolidation area which ranges from 77 to 79.00.
meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.