Here we see an Ascending triangle on the small timeframe of 1hr. If there is a breakout on the horizontal trendline with high volume, $10,800 is the target. If breakout is rejected, alternative scenarios based on resistance lines and fib retracement lines are outlined by yellow and red arrows. Any opinions appreciated.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.