![](https://cdn.steemitimages.com/DQmaEU7tZwaUwRUGSNJhhhvHmV35D6V8Mtp9rubycHEaVUq/image.png)

So we had a nice technical move to the long-term pivot at 7431.1 and a pullback from it. 

![](https://cdn.steemitimages.com/DQmSNpFfMARkaRJz7J9kqUWPb22EvRxrhSBPAv1LB7onAw4/image.png)

Pulling out to a 2-hour timeframe you can see the staircase in this technical flat. You can see the technical flat better on a longer timeframe below;

![](https://cdn.steemitimages.com/DQmNnesxKGC6dKWFuVjcdmxqXesEVU18DyxtrtZjimPmoMg/image.png)

So what is going to happen next? We are at important timing and 7186 is now an important level. I would expect price to consolidate here but if we make an impulse move below 7186 we will have to watch for a deeper correction.