Price is at the resistance line today but there is another level right above when price broke the top line but failed to continue up (throwback). Throwbacks can hurt performance and are different than pull backs.
I used the term loose triangle as price does not completely fill the upper and lower lines.
Tight triangles perform better than loose triangles.
No recommendation.
I used the term loose triangle as price does not completely fill the upper and lower lines.
Tight triangles perform better than loose triangles.
No recommendation.