Nears to a sub triangle breakout inside the main channel, Looks like reaching an end of a trend
If the market opens With
A gap up there can be a small move uptrend followed by a heavy downtrend
A gap down a retest to the same level is possible followed by a downtrend
Close to prev close, We might see a range market or minor uptrend till channel top
If the market opens With
A gap up there can be a small move uptrend followed by a heavy downtrend
A gap down a retest to the same level is possible followed by a downtrend
Close to prev close, We might see a range market or minor uptrend till channel top