Price is forming a symmetrical triangle after a strong bullish move. The chart shows rejection from the top (red arrow) and a possible breakdown from the triangle pattern.
If price breaks below the lower trendline, it may drop toward the marked target zone around 46,800–46,600.
Bias: Bearish below triangle
Confirmation: Clean breakout + retest
Target: 46,800 area
If price breaks below the lower trendline, it may drop toward the marked target zone around 46,800–46,600.
Bias: Bearish below triangle
Confirmation: Clean breakout + retest
Target: 46,800 area
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