Like said in the title, I along with many traders noticed this symmetrical triangle setup. Price has recently been stalling between the support trendline
and the strong resistance zones; forming a somewhat unclear ascending triangle
inside the much larger symmetrical triangle.
That with the pair's seeming reversal into bull
territory, I have a bullish
bias on this pair as long as it does not break through the red and purple support areas.
I fear my bullish
optimism may be subdued if markets gap down at today's open, but we will have to be patient.