Updated
Trying to break ascending triangel
It performs channel up inside ascending triangel. Price trying to break up ascending triangel. If it success, target is as triangel target predicting at 1300 but we have resistance at 1130, so it will hit resistance and pull back to retest triangel break out. Then it will go bullish to hit target.
If it failed to break triangel, it will move inside channel then breaking triangel moving inside channel until hitting the target.
This analysis based on TA. Please use your stop lose and money management.
If it failed to break triangel, it will move inside channel then breaking triangel moving inside channel until hitting the target.
This analysis based on TA. Please use your stop lose and money management.
Note
First target reached :)Note
Next support
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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.