from the ascending triangle it shows that ears are gradually loosing strength and the market is likely to go long till it reaches the 70.13 level.. price is presently below the resistance level of 65.75 we expect one more down before price breaks this level..due to the fact that it is a triangle formation you can still expect price to break out from any direction. be ready to trade both ways
Note
bears**
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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.