The major trend is still bullish, so I expect a bullish breakthrough of the triangle.
Then it will be a pretty easy break of the 23.6% (1,2901) level.
This pattern from end of may till now seemed a flag, at first. Now it seems a continuation pennant and/or triangle.
Also, RSI is confirming by making an upwards crossing of the bullish divergence.
Likes, comments, feedback are all appreciated!
Then it will be a pretty easy break of the 23.6% (1,2901) level.
This pattern from end of may till now seemed a flag, at first. Now it seems a continuation pennant and/or triangle.
Also, RSI is confirming by making an upwards crossing of the bullish divergence.
Likes, comments, feedback are all appreciated!