Bullish Scenario: the red line breaks in the symmetrical triangle and we arrive to the previous high which is a major resistance level. A correction (above the 200 MA level) is possible
Bearish Scenario: the market can't break the red resistance level and we fall below the 200 MA level.
Bearish Scenario: the market can't break the red resistance level and we fall below the 200 MA level.
Comment:
Just passed above the symmetrical triangle
Comment:
Again in the low part of the triangle