A classic symmetrical triangle pattern has formed. Expecting a breakout after a test on past support.
We could see resistance around the FIB 0.382 level and 0.5 level.
If a clean break of those levels accrues then we will touch the FIB 0.618 level
Invalidation if we break the trend line and touch the FIB 0.236.
DYOR
( Orange lines - Fib levels; White lines - Past support/resistance )
We could see resistance around the FIB 0.382 level and 0.5 level.
If a clean break of those levels accrues then we will touch the FIB 0.618 level
Invalidation if we break the trend line and touch the FIB 0.236.
DYOR
( Orange lines - Fib levels; White lines - Past support/resistance )