I think the triangle pattern is formed at the very important price edge.
Therefore, it is predicted that after breaking the upper side of the triangle and retreating, we will climb to the next edge of the price.
The reason for the importance of the price edge is that it has been touched many times in the past
Also the bottom diameter is a triangle
In addition, at this level we touched the moving average
Therefore, it is predicted that after breaking the upper side of the triangle and retreating, we will climb to the next edge of the price.
The reason for the importance of the price edge is that it has been touched many times in the past
Also the bottom diameter is a triangle
In addition, at this level we touched the moving average