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Current Price: $21.39
Pattern: Symmetrical triangle breakout (neutral-to-bullish bias)
Entry Zone: ~$21.39 (breakout confirmation)
Stop-Loss (SL): $21.04 (below triangle base/support)
Targets:
TP1: $21.91 (resistance – red line)
TP2: $22.66 (major resistance zone – green line)
🧠 Technical Highlights
Price has broken out of a tightening triangle pattern.
Yellow resistance flipped to support.
Volume not shown clearly but breakout candle shows good body.
Risk/Reward: Favorable at ~1:2 if targets hold.
🎯 Bias:
Bullish above $21.04.
Neutral or bearish below this zone.
Current Price: $21.39
Pattern: Symmetrical triangle breakout (neutral-to-bullish bias)
Entry Zone: ~$21.39 (breakout confirmation)
Stop-Loss (SL): $21.04 (below triangle base/support)
Targets:
TP1: $21.91 (resistance – red line)
TP2: $22.66 (major resistance zone – green line)
🧠 Technical Highlights
Price has broken out of a tightening triangle pattern.
Yellow resistance flipped to support.
Volume not shown clearly but breakout candle shows good body.
Risk/Reward: Favorable at ~1:2 if targets hold.
🎯 Bias:
Bullish above $21.04.
Neutral or bearish below this zone.
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.
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.