A bullish break from the triangle formation would open doors for a rise to $1270-1276 levels.
On the other hand, a failure to take/sustain above $1260 followed by a hourly close below $1260 could yield a breach of $1241 and a drop to $1220-1210 levels over the next few days.
On the other hand, a failure to take/sustain above $1260 followed by a hourly close below $1260 could yield a breach of $1241 and a drop to $1220-1210 levels over the next few days.
