As we can see, after a massive price dumping it has tried to break the major support line but in the end price bouncde back into the triangle...if the price could stay inside the triangle till 8 more hours then peice target will be dynamic resistance line which is the triangle upper line...the price should bounce back and fort inside the triangle untill it reached the end and from there the major bullish uptrend will start forming.

Related Ideas

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.