Rebound from 2145 (Sep 26 low) has put in place a symmetrical triangle formation on the daily chart.
Symmetrical triangle resistance is seen around 2180, while support is seen around 2155.
At this moment, it is advisable to wait for a breakout, especially because experts are not buying the OPEC led rally in oil prices.
Symmetrical triangle resistance is seen around 2180, while support is seen around 2155.
At this moment, it is advisable to wait for a breakout, especially because experts are not buying the OPEC led rally in oil prices.