The pob of the price bars and volume to dictate where prices are going to go look at this particular idea this idea has been posted to train of you. i wanted to first of all what is an triangle pattern .
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We see a triangle according to technical analysis you're supposed to see this particular market break out. you're expecting to see the price break outside of this triangle this is one example is another example of the price breaking out of the triangle.
The price is supposed to break out that is the outcome this is what we're expecting the market to do but it doesn't always happen that way take a look at this and we're going to play it out what we're going to see.
This individual is trying to pob up and try to give us some expectations as to seeing this price and the pob break out. if you know anything about chart patterns check out the triangle. if you know anything about chart patterns. what pob trader is trying to tell us.
You're supposed to see a breakout pob. what the price in pob has done this idea was posted to trading view you see that did a breakout happen the ascending triangle actually pob out the way.
We go into beginning half of august the price in pob break out it hasn't what about you see what i'm saying do you understand that chart patterns do not always work the way. you expect it to go everyone understands see when you have relatively a lot of information already out in the marketplace don't forget .
The pob also understand you all were expecting the same thing to happen you was expecting the price to break out this is what the triangle supposed to do. many people was going to go long he knew that many people was going to buy pob and the market instead in pob dropped you got to understand that these chart patterns are not reliable patterns you cannot be dependent on them.