After a break out, it is normal for a consolidation period to take place above the breakout.
The 14DMA (blue line) is still pointed upward. It is forming a small symmetrical triangle, which typically is a continuation pattern.
After a break out, it is normal for a consolidation period to take place above the breakout.
The 14DMA (blue line) is still pointed upward. It is forming a small symmetrical triangle, which typically is a continuation pattern.