Nice breakout at pattern neckline as we make another attempt to flip this critical zone into support.
Based on previous PA it's possible that we see prior 1250-1300 resistance act as a high or extreme with a break likely sending us to upper long-term trendline (purple).
It's still possible that we drop back into pattern for further consolidation although current hold seems strong.
Focus on closes.
Based on previous PA it's possible that we see prior 1250-1300 resistance act as a high or extreme with a break likely sending us to upper long-term trendline (purple).
It's still possible that we drop back into pattern for further consolidation although current hold seems strong.
Focus on closes.
