The triangle pattern is expected to move in the specified direction. Then, with the completion of the corrective pattern, the start of an uptrend is likely. If the price breaks through the specified support area, a continuation of the downtrend is likely.
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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.