🤔 Two patterns taking place as we hit major level of Resistance. Bull Pennant or Inverse Head And Shoulders. Price is being compresses in the green pennant formation.
Safest bet is to play the pennant breakouts to the up or the down / avoid the noise for now. Once the break happens, next you will look to play those positions towards the green horizontal support and Resistance levels to test for trend continuation.
@preritairan, 400 price is roughly the support level for the pennant. Want to see if holds. If does then we will return up. I'd use a tight stoploss. I'd also look for a short if we break 391