$RBLX Ascending Triangle
Retesting the range highs will confirm the partial decline, and signal, statistically, a breakout to new highs is most likely.
Ive marked out a few targets on the way, but the resolution of this pattern will likely take out (C) and make new highs.
A simple 1.618 extension of the local correction would take you to 63, with the measured move of the double botton targeting 83.
The 1.618 extension of wave 1 would take you into the upper zone at 94$. Looking
Looking for a move above 45.57 and retest, ideally.
Ive marked out a few targets on the way, but the resolution of this pattern will likely take out (C) and make new highs.
A simple 1.618 extension of the local correction would take you to 63, with the measured move of the double botton targeting 83.
The 1.618 extension of wave 1 would take you into the upper zone at 94$. Looking
Looking for a move above 45.57 and retest, ideally.
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