Prices has been forming within a Triangle with volume narrowing for the past 2 to 3 weeks. It is at the ending edge of the Triangle now, and should break within 3 or 4 days. Looking at the strength, it looks more likely an upwards break this time.
Trade geschlossen: Ziel wurde erreicht:
Validated. As predicted, it broke upwards of the triangle and spiked upwards on 4 Dec (3 days from the analysis) and close at 198.78.