A symmetrical Triangle has formed as shown. There is a possible breakout in either direction but it is most likely bullish as shown by the divergence of the price with the OBV and MFI. Should wait for confirmation by a breakout along with increased volume. This a great opportunity for a huge profit.
تم فتح الصفقة:
The breakout happend to the upside with increased volume so it is a valid breakout.
Target 1 reached
If next session is bullish or a small retracement with low volume, then buy and sell at Target 2 which is 40.6 or Target 3 which is around 47.
Target 1 reached
If next session is bullish or a small retracement with low volume, then buy and sell at Target 2 which is 40.6 or Target 3 which is around 47.
تم فتح الصفقة:
The price touched Target 2 with even more volume than the previous session. It is more likely that the price will continue to target 3 which is around 47