Analysis - If price action breaks @ 1262.79 = high probability of END of downtrend - If price action breaks @ 1203.24 = high probability of price reversal at 1126.52
Conclusion: Watch for more signs in the market.
Comment
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Price broke triangular contraction and is now at bullish trend.
Price action still on bullish trend as it travel inside the upward channel. Probably will take profit at 1312.8