Price is back within triangular pattern with resistance holding between 1150 critical and prior low (dashed).
Another bearish breakout could send us down to the aforementioned 750 range, while a hold may set us up for first signs of proper recovery.
We can note that upper long-term trendline will eventually intersect upper pattern trendline which should provide an easier breakout once complete.
Another bearish breakout could send us down to the aforementioned 750 range, while a hold may set us up for first signs of proper recovery.
We can note that upper long-term trendline will eventually intersect upper pattern trendline which should provide an easier breakout once complete.
