Symmetrical Triangles can be characterized as areas of indecision. A market pauses and future direction is questioned. Typically, the forces of supply and demand at that moment are considered nearly equal. The Following is a Typical Symmetrical Triangle Pattern
Attempts to push higher are quickly met by selling, while dips are seen as bargains.
Each new lower top and higher bottom becomes more shallow than the last, taking on the shape of a sideways triangle. (It's interesting to note that there is a tendency for volume to diminish during this period.)
Eventually, this indecision is met with resolve and usually explodes out of this formation (often on heavy volume.)
High divergence on MACD
BULLISH - LONG IT
Thank you
God be with you
Together we are stronger
Attempts to push higher are quickly met by selling, while dips are seen as bargains.
Each new lower top and higher bottom becomes more shallow than the last, taking on the shape of a sideways triangle. (It's interesting to note that there is a tendency for volume to diminish during this period.)
Eventually, this indecision is met with resolve and usually explodes out of this formation (often on heavy volume.)
High divergence on MACD
BULLISH - LONG IT
Thank you
God be with you
Together we are stronger
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。