🧠 Chart Breakdown:
Setup: Price broke out of a large ascending triangle and is now forming a mini symmetrical triangle — a consolidation before a possible continuation.
Current Price: $99.94
Breakout Zone: Near $100, close to decision point.
📊 Key Levels:
Immediate Resistance:
$101.09 (yellow)
$102.44 (first green target)
$103.50 (final target zone)
Support Levels:
$94.74 (white line)
$93.38 (stop-loss zone)
🎯 Trade Idea (Bullish Bias):
Entry: $100.00
Target 1: $102.44
Target 2: $103.50
Stop-Loss: Below $94.74
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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.
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.