The final trading day of last week proved very successful in terms of correctly identifying the direction of movement. The price moved steadily upward while remaining within a narrowing triangle.
This is likely due to the development of either a leading or an ending diagonal triangle. Clarity will emerge shortly. For now, in the near term, the price is expected to rise slightly further, reaching the upper boundary of the narrowing range.
The movement potential remains insignificant; therefore, it is worth considering closing previously opened long positions and monitoring how the corrective decline develops.
Recommendations: FLAT.