short term consolidation...what is next?

Hi everyone

price is moving neutral and has formed a symmetrical triangle.

so more consolidation in short term is expected. and both side still possible

based on our condition we can have 2 possibilities:

-price will close below our support level 18560$ and drop to our main demand

area between 17150$ & 16200$.... more drop possible too

- or price will close above the resistant level 20400$ and rise to our main supply

area between 22650$ & 23700$.

you can share your view and charts here.... what do you think?



Enjoy the market

Zlecenie aktywne:

still same condition validate and both side possible

Zlecenie aktywne:

impulsive move after the price broke my key resistant level
now the price is forming a bullish flag and we can expect more upward pressure the area I mentioned before.