Symmetrical Triangle Formation: The chart displays a symmetrical triangle pattern, where the price is consolidating with lower highs and higher lows. This pattern often indicates a potential breakout, but the direction is uncertain until it occurs.
Price Action: The price is currently at 187.50, with recent highs around 188.59. The consolidation within the triangle suggests indecision in the market.
Price Action: The price is currently at 187.50, with recent highs around 188.59. The consolidation within the triangle suggests indecision in the market.
Note
target almost reached. consider it's target achieved. Note
target achieved
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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.