A breakout happened earlier around 5:30pm touching 91.2k right after the breakdown to 88.6k.
It went straight back into isometric triangle formation, and is continuing to coil.
A break out up or down is expected before 2pm UTC+1 on the 24th.
Break UP : 91.2k retest, new range 90-91k
Break Down : 89k retest (a 1H/4H close above 89k is mandatory to regain short momentum).
If 89k fails then will highly likely be retesting 21st Nov ascending support (yellow) around 88.6-88.4k for a bounce.
If bounce fails, then 87.6k retest (light red under yellow line)
It went straight back into isometric triangle formation, and is continuing to coil.
A break out up or down is expected before 2pm UTC+1 on the 24th.
Break UP : 91.2k retest, new range 90-91k
Break Down : 89k retest (a 1H/4H close above 89k is mandatory to regain short momentum).
If 89k fails then will highly likely be retesting 21st Nov ascending support (yellow) around 88.6-88.4k for a bounce.
If bounce fails, then 87.6k retest (light red under yellow line)
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