Live monitoring of the Symmetrical Triangle setup on EA. See where price is heading.
Consolidation. Can break either way.
Bullish continuation if preceding move was up.
Bullish continuation pattern.
Sideways movement between parallel supports.
Reversal pattern. Price likely to break downwards.
EA is showing interesting structural developments at $202.15. Price has moved to $202.15 (-0.43%) amidst recent volatility. Price action has carved out a classic Bullish Flag. Volume is strong (2.69x avg) with moderate trend strength (8.3). A potential breakout level is identified at $204.2, targeting $209.14 with support near $201.8 (R:R 2.06).
What is your outlook on EA?