Phase 1 - Price made nice bull push to make new highs.
Phase 2 - Price rejected new Resistance and pulled back to make new support at 137.85 level.
Phase 3 - Price forming symmetrical triangle, Waiting for a breakout to upside or down, dont get caught in the false breakouts.
Phase 2 - Price rejected new Resistance and pulled back to make new support at 137.85 level.
Phase 3 - Price forming symmetrical triangle, Waiting for a breakout to upside or down, dont get caught in the false breakouts.
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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.