Dows bearish symmetrical triangle remains in force
So if an uptrend precedes a symmetrical triangle, traders would expect the price to break to the upside. A symmetrical triangle is composed of a diagonal falling upper trendline and a diagonally rising lower trendline. The consolidation phase is marked by multiple tagging of the two trend lines on both sides, as the buyers and …
Dows bearish symmetrical triangle remains in force Läs mer »