A clean Descending Triangle often precedes a big move. Validate your entry.
Bearish continuation pattern.
A clear signal has emerged for Maker (MKR) on the daily chart. The stock is trading at $1706.69, down 0.04% on the day. Algorithmically, a Descending Triangle structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $1662.94, targeting $1324.42 with support near $1783.4 (R:R 2.81).
What is your outlook on MKR?