First of all, let's start with a pattern. Nickel is running on the support line area. This movement indicates a continuous uptrend ahead.
The second thing is the pattern, which also indicates the same. After a short reversal, nickel will start marching for the following targets: 162 - 164 - 166+
If the trend breaks the support line, there will be an activation of the pattern, which indicates the fall to the following levels: 148 - 145 - 142.6
Additionally, a breakout of the neckline is a direct sign of an extreme downtrend. And that will become unstoppable and hit the following levels: 136 - 132 - 128