Re: kch25 Daily (Descending Triangle)
I agree Nagal, this pattern is quite there and will be a good call either short or long on the breakout. However, we´ve noticed something simillar that could give us a clue on what could be next. Back in Sep until Nov we had a consolidation formed (Descending Triangle) also with low volume and at a important range (240 250 area) that was considered high at the time.
|