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Right here is a perfect example of symmetrical triangle and descending triangle pattern.
In a symmetrical triangle, we have price moving inside two trendlines.
In a descending triangle, we have a trendline and a horizontal line.
As we can all see here, price broke out of the symmetrical triangle, and got itself into a descending triangle. And we have price making effort to breakout again.
If this breakout occur, will a bullish trend begin or price will start another triangle??๐ค
What do you think?๐โโ๏ธ
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