pole and flag breakout
After a good upside rally price is consolodating between 1200 and 1230 and forming pole and flag pattern and also taking support of 200 DMA ...day close above 1220 1225 can give a good upside movement and target of 1300 in near future...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.