Long

Tide Going Out Before The Tsunami

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Symmetrical triangle still playing out and every touch brings greater validity to the, potential, structure. Speaking of touches it looks likely that we will revisit the ascending bottom trendline once more before we make another attempt at breakout. This could be the last great buying opportunity before lift off, should it occur and succeed. A reminder that, statistically speaking, most symmetrical triangles breakout before they reach 80% of the apex. Nothing is certain, however, so manage your risk...
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One possible scenario. No guarantees, so, as always, please manage your risk.

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Volume diminishing... something is about to happen...
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Chart Patterns

Declinazione di responsabilità