Potential Short - Price reject the top of Pitchfork line
Previously, price have been moving along the med line of the pitchfork and able to push back up to the upper line of pitchfork.
For the past few candles, situation seems like price not able to push further up from the upper line, therefore chances of short towards the med line again is possible. Looking at the overall pic we see a huge descending triangle is happening... =)
For the past few candles, situation seems like price not able to push further up from the upper line, therefore chances of short towards the med line again is possible. Looking at the overall pic we see a huge descending triangle is happening... =)
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