Also, this is the first time I publish here so it could be a more clean idea.
The way I see it is that there could be a descending triangle where the price will break on the lower side to test 100EMA or lower channel limit. Or it's a pennant, the price will rise to $200 where there's resistance from the channel and fixed price and then it will enter the correction.
Please let me know your thoughts and help a beginner learn.
Cheers!
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The way I see it is that there could be a descending triangle where the price will break on the lower side to test 100EMA or lower channel limit. Or it's a pennant, the price will rise to $200 where there's resistance from the channel and fixed price and then it will enter the correction.
Please let me know your thoughts and help a beginner learn.
Cheers!