Symmetrical TrianglePrice is above the triangle.
It appears price bounced off the top trendline of this structure and found support.
There are levels inside the triangle this could meet and are in white type on the dashed lines. These would be targets for the W pattern.
Possibly at a level of resistance and if price does not break this resistance, this could form another head and shoulders pattern. There are 2 prior H&S patterns.
Target 1 is in larger type than T2 with green type being targets up and orange type being targets for a break to the downside.
T2 is in case T1 is passed, and my focus is always T1 unless it is passed. Then I focus on T2. Sometimes T1 is just all you get (o:
No recommendation.
Price is above the .382 of the trend up since the Covid low.
All triangles can break up or down and are neutral patterns until broken. For now, this one chose up but a resistance level possibly imminent. If price makes it past this R level, then further upside possible.
