We will see a triangle breakout in the next week. I don't know the direction, but there is greater potential for a short, based on the Daily Chart.
I think the major upwards trend will remain. Chance to enter the trend on a good price.
There is a higher probabilty for a trend continuation than a breakout. Wait two to three more candles then go for it. Keep in mind: Cut your losses quickly!
Potential Dip Sell - Wait two candles to exclude a breakout!
If the Prices comes in the Resistance Zones and touches the Resistance Line it will probably go up again. Watch out when the trendline breaks.
Strong Buy Signal if Prices doesnt break the trend line. I think the Risk/Reward is very good.
Could be a strong buy signal for Daytrader, if its a Breakout. Good material to learn from.
Strong Down Signal if the Prices hits the Support (now Resistance) Line again.
This setup often tends to return to the original support line and from there to a downward trend.
The Resistance Line was broken and now becomes the new Support Line - Please write in the comments what you think about it.