ITUB’s been a tricky one—already gave us a fake breakout from a 5-year-old channel, which usually sets up for a move in the opposite direction. But credit where it’s due, it found support right at the bottom of that channel again. Still not the cleanest pattern setup out there, but one thing’s clear: $6 is the level to watch.
Until we break above $6, everything else is just noise. No targets, no hype—just waiting. But if we do clear that $6 level, it’ll be a major sign that the real breakout is finally on the table. And if that happens, things could escalate fast.
Fingers crossed and hoping for the best! 🤞📈
Until we break above $6, everything else is just noise. No targets, no hype—just waiting. But if we do clear that $6 level, it’ll be a major sign that the real breakout is finally on the table. And if that happens, things could escalate fast.
Fingers crossed and hoping for the best! 🤞📈
Note
lovin' those bullish candles, keep'em comin'Trade active
broke out of channel, lets see if this one is fake or not
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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.