Lead Dec Daily Chart Has Formed “Right Angled Ascending Broadening Wedge” Pattern

Lead Dec Daily chart has formed “Right angled ascending broadening wedge” pattern. The last few sessions ended up in sideways trend along with some corrections inside the channel. 

The market is expected to continue on bullish momentum based on the current price action, testing all the way up to 156 levels in the upcoming sessions. 

Alternatively, if the market breaks below a key support holding at 152.50 then it might turn bearish once again. The downside rally could test up to 150 level. Key resistance holds at 156.

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