Beautiful descending triangle pattern.
For the downside scenario, price must break below 69 which has been strong.
Below that we might see an acceleration to the downside towards 64
A break above 71.54 could have price moving towards 74
Keep both directions in play
For the downside scenario, price must break below 69 which has been strong.
Below that we might see an acceleration to the downside towards 64
A break above 71.54 could have price moving towards 74
Keep both directions in play
Trade active
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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.
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.