Bearish view: With a downtrend line that keeps pushing the price lower, the market tends to go down and break the last low point(425.7) and create a lower low.
Bullish view: Now 15 mins chart is forming a short-term triangle pattern and this pattern has been broken. This would further squeeze the fluctuation range. Plus the ATR goes to an extremely low range which would likely cause the price to push up back. support: 427
Bullish view: Now 15 mins chart is forming a short-term triangle pattern and this pattern has been broken. This would further squeeze the fluctuation range. Plus the ATR goes to an extremely low range which would likely cause the price to push up back. support: 427
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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.