June 15, 2015 30 min time frame.
Since late february this year this market entered in consolidation, pausing the trending market and entering in trading mode. We're currently in an ascending triangle pattern and the risk is that it could break support if it fails to close above 213. We had three positive days last week, so we can expect people to take profits if no new capital enters the market.
So far the range goes between 208 and 213, unless this range is broken to either side we'll only see levels swinging between this range.
Since late february this year this market entered in consolidation, pausing the trending market and entering in trading mode. We're currently in an ascending triangle pattern and the risk is that it could break support if it fails to close above 213. We had three positive days last week, so we can expect people to take profits if no new capital enters the market.
So far the range goes between 208 and 213, unless this range is broken to either side we'll only see levels swinging between this range.
