For all you TA's, there is a 6 day Symmetrical triangle, which is also running along the uptrend.
This is a continuation pattern and given the trading spreads of yesterdays session, I would assume that the breakout should occur today (at latest tomorrow), if this does not occur, it would be a consolidation at the current SPP and would indicate a possible retracement before continuing the uptrend.
...no charts today people, slow internet connection :(
Cheers,
Miike
...always DYOR, education is built on knowledge and action!
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- week length symmetrical triangle
For all you TA's, there is a 6 day Symmetrical triangle, which...
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---|---|---|
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1 | 42991 | 0.058 |
2 | 117543 | 0.057 |
1 | 75000 | 0.056 |
2 | 58310 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 9000 | 1 |
0.064 | 25000 | 2 |
0.065 | 55000 | 3 |
0.066 | 25000 | 2 |
0.067 | 25000 | 2 |
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