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A Triangle has formed, ASX 200 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

A Triangle pattern was identified on ASX 200 at 7720.0, creating an expectation that it may move to the support line at 7702.9041. It may break through that line and continue the bearish trend or it may reverse from that line.

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INTC is approaching a support line of a Triangle. It has touched this line numerous times in the last 8 days.

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After testing support twice in the past, ETHEUR has finally broken through. Can we expect a bearish trend to follow?

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