- Potential Bullish Scenario
The price is both in a descending channel and a symmetrical triangle.
It would be interesting to take a buy order not far from point C, which corresponds to both the lower limit of the symmetric triangle and our resistance zone.
Stop under point C and the objectives are TP1 to TP3.
- Potential Bearish Scenario
It would be interesting to take a Sell order in case of lower bound of the symmetric triangle and our resistance zone breakouts, the breakout shall happen @ point D.
Stop above point C and the objectives are TP1 & TP2.
The Market is always Right, let's see if it will validate one of our Scenarios this time.