The negative volume trend falsified the positive PA trend. Now the small downtrend spikes are accompanied by an increasing volume, confirming the downtrend.
On the TA side, the ascending triangle got broken and confirmed.
Notice how the downspike breaking the triangle is greater than the preceding ones, and it has an increasing volume spike as it goes through the lower ascending trend line of the triangle.
Down we go!
On the TA side, the ascending triangle got broken and confirmed.
Notice how the downspike breaking the triangle is greater than the preceding ones, and it has an increasing volume spike as it goes through the lower ascending trend line of the triangle.
Down we go!