Quote:
Originally Posted by GFED
draw the short-term trend line from the two red candle lows as well.
low of 2/5 and 2/26
and we get a converging triangle with horizontal support ~10k
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its more of an ascending triangle because the red line is drawn from a longer term view...in the shorter term it would most probably look something like the chart below....the red triangle is with wicks, the green one is just the bodies...the moment of truth is nigh!
