4Hr Chart for CDNS
The red hammer suggests the two points are comparable, and we are headed for a downward move
The second scenario is that the middle green line hodls and price continues up through the higher triangle area
Orange line emphasizes the bear scenario trend line
The red hammer suggests the two points are comparable, and we are headed for a downward move
The second scenario is that the middle green line hodls and price continues up through the higher triangle area
Orange line emphasizes the bear scenario trend line