Ascending Triangle Continuation Pattern. The height of the triangle is 568 which is a measuring tool for the upside target of the new up-trend. That puts the price target at 6,232 which is a 10% gain from 5,667. I round this to 6,000 since this round number is more impactful for people's trading decisions. For discussion purposes only.
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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.