The 1D candle closes above the 1D MA200 and shifts the current medium-term neutral trend intoAnd the goals are 0.618 level (which occurs at the November 04 resistance) and if it is also broken, then 0.786 Fibonacci (which occurs at the September 11th high/resistance). Basically see how all the Fibonacci levels formed critical pressure points within this pattern.
On the other hand, a close below the 1D SMA 50 could target the bottom of the triangle again, but only a break below the recent higher low (1075.50) could reverse the trend.(medium range) against the market bottom of 885.00.
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