Crossroads

We are in a crossroads between major trendlines here.
This forms a triangle pattern on which you can apply fib-time lines to predict a breakout (0.764 fib-time).
I added some interesting levels and other trend lines aswell.

How to trade it:
Depending on what side of the triangle (bottom / top)
the price is closer to while approaching the 0.764 fib-time,
you can start scaling into the respective trade.

For buys you can wait for breaks of:

• 231 level
  
• yellow trend line / H&S neck line
  
• blue triangle top
  
• log downtrend (red)
  
• 260 level
  

For sells you can wait for breaks of:

• apex level 218.33
  
• 210 level
  
• 200 level / triangle bottom
  
• 192 level
  

Targets are based on projections of the widest distance within the triangle, down / up from the apex.
For the up target the absolute value is used, for the down target the % value.

If you have any questions please leave a comment !
Good Luck ! : ]