Trapped inside triangle

Triangle action here and daily EMA30 blocking the way. More sideways action expected here.

Short term down
Long term let triangle to show us

評論:

Going down to test triangle bottom is what I would expect here but..

...if they start to paint a "build up" under resistance like this then it has bigger chance to break through the ceiling

評論:

Triangle resolved upwards

評論:

Look for daily close. If close below 30EMA it will go back down

評論:

Price may be forming rising wedge here which is usually a drop pattern. That's my view for now

評論:

It's a guessing scenario at this point but I'm considering something like this if they would want to retest the breakdown level of previous H&S pattern

評論:

Observe the daily cloud to see where this is going short term

評論:

The only trendline I'm interested in right now

評論:

This is inverted daily chart for some different perspective. Just speculating here but it can form triangle or some consolidation like this

評論:

If drops (goes up) here. Inverted chart idea