Pattern(s): Ascending Channel/Ascending Triangle
1.) Price has completely broken out of the Ascending Channel on
the Daily time frame.
2.) Price has fallen below both 89 & 8 MA on
the Daily, 4 hour, an 2 hour time frame.
3.) An Ascending triangle formed and was broken on the 4 hour time frame,
followed by a horizontal breakout of broken structure to the downside and a pullback with
a formation of an Inside Bar break down.
1.) Price has completely broken out of the Ascending Channel on
the Daily time frame.
2.) Price has fallen below both 89 & 8 MA on
the Daily, 4 hour, an 2 hour time frame.
3.) An Ascending triangle formed and was broken on the 4 hour time frame,
followed by a horizontal breakout of broken structure to the downside and a pullback with
a formation of an Inside Bar break down.
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Commento: