Комментарий:
Support line for flat top triangle is getting broken.
Комментарий:
After trend line was broken and flat top triangle negated market sold off and was stopped in 2975 area where low of the day on Monday and Tuesday was
For now that is major support and if it breaks next support zone is 2890/2900
On upside one should watch for area around 3035 (dash line)
For now that is major support and if it breaks next support zone is 2890/2900
On upside one should watch for area around 3035 (dash line)
I posted chart last night and we had break from that pattern and pull back inside
Could be this was false break or could be that new triangle has been formed with orange line as top
In any case we are testing sloping line of the tringle now
What is interesting last two days are inside days on Monday,