-- higher lows, and resistance remains @79.20, if the triangle is valid, then short IYR.
-- not a reverse
-- keep going down after break downwards the triangle
set stop @ 79.3
Yorum:
it broke out from the consolidation area which ranges from 77 to 79.00.
meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.