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Which way do we break?

lieutenantdan - 2024-07-12 17:44:45

Triangle pattern looking for a resolution here soon


The triangle pattern looks to be coming to a head here soon.


Check it out:


image.png


(Source: https://x.com/TheMoonCarl/status/1811801945939591266/photo/1)


We have a triangle pattern that could break up or down as it is a symmetrical triangle pattern.


It is happening in the course of a downtrend which probably slants the bias to the downside.


That being said they could also be reversal patterns as well.


Basically it's a coin toss at this point which way we move, but when we do it likely moves fast and a good amount.