Guys, seems we had a breakage of the symmetrical triangle.
Unfortunately, despite a tiny increase at the volume, it has not been sufficient to continue the rise for the moment.
Seems that the place from which the triangle has broken is becoming another support so, let's say we have at least gain some level but, apparently, still not sufficient... it could become a BULL TRAP again...
Hope we can consolidate this price level now...
As I said in previous post, we need to break the Mid-term Resistance (BEARISH TREND) and then reach a level of price higher than the previous high (see in the chart) in order to confirm the reversal...
The 200-Days Moving Average is still far from crossing the price...
Enjoy!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
