A symmetrical triangle has formed at $ DGB, which is generally considered a continuation pattern.
At least we have 2 higher lows and 2 lower highs, which we should confirm.
The volume should decline as the” calm before the storm”.
We also have a bullish twist, Kumo in Ichimoku, and MACD is close to crossing.
Symmetrical triangles can certainly go in the opposite direction, and conservative traders should enter into a confirmed breakthrough.
Usually after a breakout of the old resistance becomes support and the price comes back down to test it. This will be the entry point for the conservative trader’s “breakout”.
In the triangle there is not a lot of space, and I expect we will see a break in either direction in the next few days, at least.