The triangle pattern is expected to complete at the current support level according to the indicated directions. Then, a trend change is likely to occur and the start of an uptrend is likely. A break of the red support level will likely indicate a continuation of the downtrend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.