Price continues to consolidate within the triangular pattern as we attempt to re-flip long-term trendline.
Current formation spots as a potential double-bottom with neckline around 2100; a bullish breakout could send us towards 2250-2400 where previous pattern was marked.
If we dip back below LT trendline there's a chance we could receive a bearish breakout that could take us to next LT trendline (~1750).
Current formation spots as a potential double-bottom with neckline around 2100; a bullish breakout could send us towards 2250-2400 where previous pattern was marked.
If we dip back below LT trendline there's a chance we could receive a bearish breakout that could take us to next LT trendline (~1750).