The trend has been decreasing.
possible scenarios;
1. As long as it is in the triangle, you do not need to take action.
2. It may go down and pull back the support line. it is time to sell after an open-close candle.
3. It might go up and break the resistance line above. it is time to buy some or more after an open-close candle.
you can also sell at this point if you already reached your target profit and do not want to take more risks.
possible scenarios;
1. As long as it is in the triangle, you do not need to take action.
2. It may go down and pull back the support line. it is time to sell after an open-close candle.
3. It might go up and break the resistance line above. it is time to buy some or more after an open-close candle.
you can also sell at this point if you already reached your target profit and do not want to take more risks.
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