Big dip off yesterday's candle but recovery took us back to 2600 (now critical resistance).
A small triangular pattern has been formed which could result in another correction to 2400-2350.
However a bullish breakout could occur if done soon as upper pattern resistance crossing under 2600 will create 2 barriers (+ solid red line).
A small triangular pattern has been formed which could result in another correction to 2400-2350.
However a bullish breakout could occur if done soon as upper pattern resistance crossing under 2600 will create 2 barriers (+ solid red line).
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.