Cheers AG, Yeah basically a nice basing pattern coming together...

Cheers AG, Yeah basically a nice basing pattern coming together here in the form of a large ascending tri with primary resistance at 0.026…with a possible cup & handle forming within…itself just another form of bullish triangle.

Successful outcome of the c&h scenario would also see price breaking clear of the base zone & the commencement of a whole new chapter of price activity. Regardless of when the break from the basing zone occurs you should anticipate a test from above i.e as support of the 026 level given that levels significance.

Failure of that scenario however would likely see another test of the trending support line of the base…presenting an accumulation opportunity for some perhaps?