The question is which way the trend resolves itself. Will the next big move be higher or lower?
The pattern itself is agnostic. As a general rule, you can't tell from a price compression pattern which way the trend is going to resolve itself.
The question is which way the trend resolves itself. Will the next big move be higher or lower?
The pattern itself is agnostic. As a general rule, you can't tell from a price compression pattern which way the trend is going to resolve itself.