It would appear that a classical example of a symmetrical triangle pattern is busy unfolding.
A price action above 5600 supports s bullish trend direction. Crossing below this level will negate the bullish trend. Further trend support above 5600.
Consolidation range from 5600 to 5800. Crossing above 5800 might support the price action to reach the target of 6100.
Crossing below 5600 will be the first sign of weakness.
A price action above 5600 supports s bullish trend direction. Crossing below this level will negate the bullish trend. Further trend support above 5600.
Consolidation range from 5600 to 5800. Crossing above 5800 might support the price action to reach the target of 6100.
Crossing below 5600 will be the first sign of weakness.
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