We’re in what could be a symmetrical triangle on the daily timeframe. Within the triangle we’ve drawn the immediate range. We’ve been taking longs and shorts within this range, however, it looks like we’re nearing the end and a breakout is imminent.
Key Levels:
Support: 1835 1810-15 1801
Resistance: 1849 1876-1880 1895-1900
We will wait for Monday and Tuesday to get a clearer picture. As always, please trade safe. Your likes, follows and comments are very much appreciated.
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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.