Both the Running Triangle and the Rectangle are continuation patterns. With the recent trend being down I would expect lower prices on a break of 1.2870. A break above the A wave high would target resistance and the 200 day MA at 1.4070.
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.
