I put two lines above the triangle:
Red line: if red line is our big triangle line we didn't cross that line but there is a argument in which we have only to point of contacts and one of them is last tether pump and the other one is far away in the past.
Blue one: this line has 5 point of contact and also it is more recently contacts. in this scenario we broke up this triangle.
so what?!
I think blue line is more significant but it may create this question in your mind that: "why we are confusing after breakout?" i think it's because of the fact that every trader put this line in different way and the pessimistic one's (obsessive traders!) always trying to put the lines in the way that they want. I mean you can move these line forever! this type of traders cant trade because they spend most of their time's to move the lines as price moves.
please leave a comment what you think about this.
Red line: if red line is our big triangle line we didn't cross that line but there is a argument in which we have only to point of contacts and one of them is last tether pump and the other one is far away in the past.
Blue one: this line has 5 point of contact and also it is more recently contacts. in this scenario we broke up this triangle.
so what?!
I think blue line is more significant but it may create this question in your mind that: "why we are confusing after breakout?" i think it's because of the fact that every trader put this line in different way and the pessimistic one's (obsessive traders!) always trying to put the lines in the way that they want. I mean you can move these line forever! this type of traders cant trade because they spend most of their time's to move the lines as price moves.
please leave a comment what you think about this.