It is expected that the triangle pattern will form according to the specified direction and then we will see the start of the upward trend. If the index breaks through the support area and consolidates, the continuation of the downward trend is likely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.