Post
Topic
Board Speculation
Re: TA indicates a sharp drop soon
by
ukloon
on 14/06/2020, 11:09:55 UTC
We have a bullish 3 day ascending triangle which usually breaks out just before the apex, but in this case it failed to materialise. Interestingly, the break downwards is only partial in that is hasn't dumped yet and we have reached the apex.



Price movement is now non-existent so direction still isn't clear either way Huh However, as it failed to break upwards on 2 occasions the momentum looks slightly in favour of the bears, but without that break downwards at the apex it is still unconfirmed