Price action is consolidating inside an ascending triangle. It has taken support on the long term trend line at 1125. On the upper side price will face resistance around 1170 - 1175 levels. Close above the resistance will take the price towards 1200, 1220. At 1220 price will face resistance again. Break out from the triangle will give the direction of the price movement.
Note
Seems price will break the support line!Note
Double bottom! 
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Related publications
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.
Role I play here : Moderator. Follow me in telegram to trade better. t.me/Analysis4Newbie Contact information : tradingplan4u@gmail.com
Related publications
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.