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padiyara
28 de Fev de 2017 19:03

Axixcades:163. descending triangle broken, target 80 and 40 Viés de baixa

AXISCADES TECHNOLONSE

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onRequest
@meqazi
The demand line of the descending triangle is broken. Descending triangle is also a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend like this one, but they are typically continuation patterns. Regardless of where they form, descending triangles are bearish patterns that indicate distribution.i expect the price to come down near40 level.

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No sign for a recovery
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