Volatility collapsed creating a triangle or wedge pattern
#1 - A breakout to the upside could result in a new swing high => classic trend trade
#2 - A breakout to the downside could result in an ABCD pattern. Traders can chase the D point into SUpport then build a trend trade position
#1 - A breakout to the upside could result in a new swing high => classic trend trade
#2 - A breakout to the downside could result in an ABCD pattern. Traders can chase the D point into SUpport then build a trend trade position