directionless??

The beast is currently wandering aimlessly as the price is coiling within the two converging trendlines and developing a symmetrical triangle, indicating that neither the bulls nor the bears are in control.

The next major direction could only be determined after a valid breakout. As long as the price stays within the symmetrical triangle, it is advisable to stay out from market.

Below is the hourly chart as of 2 pm Malaysia.

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