THE BIDVEST GROUP LIMITED (BID) 2-HOUR TIMEFRAME NEUTRALThe price on this chart seems to be making a series of lower highs and higher lows, signalling a symmetrical (isometric) triangle. Though this pattern is sometimes regarded as neutral, i believe prices might continue to go higher if and only if there is a breakout to the upside. There was a strong impulse to the upside and if the buyers remain persistent, we might see higher prices reflected by a break to the upside of the symmetrical triangle.
Verdict: Wait for break and follow the price.
