1. Long-term trend : In uptrend ✅
2. Pattern formed : A Triangle is formed. Multiple touchpoints on the upper and lower trend lines from
March 25 to June 25.(3 Months) ✅
3. Breakout : Multi-Frame breakout.
Two breakouts on the same day, June 25, 2025 ✅
Breakout on Daily Chart
1. Triangle upper trend line breakout with higher volume - 1.9M
2. Recent resistance 1015 - 1018
Breakout on Monthly Chart
4. Volume at breakout: higher volume - 1.9M ✅
5. RSI : Above 50
6. Confirmation: On June 26, the green candle closed above the previous breakout candles' high. ✅
7. Entry: 1028
8. Exit:
1. Based on Fib extension 1.68 golden zone - **1208**
2. Based on the first swing high and swing low at the start of the triangle pattern - **1198**
9. Total Upside: ~16-17%
No Buy Or Sell Recommendations
2. Pattern formed : A Triangle is formed. Multiple touchpoints on the upper and lower trend lines from
March 25 to June 25.(3 Months) ✅
3. Breakout : Multi-Frame breakout.
Two breakouts on the same day, June 25, 2025 ✅
Breakout on Daily Chart
1. Triangle upper trend line breakout with higher volume - 1.9M
2. Recent resistance 1015 - 1018
Breakout on Monthly Chart
4. Volume at breakout: higher volume - 1.9M ✅
5. RSI : Above 50
6. Confirmation: On June 26, the green candle closed above the previous breakout candles' high. ✅
7. Entry: 1028
8. Exit:
1. Based on Fib extension 1.68 golden zone - **1208**
2. Based on the first swing high and swing low at the start of the triangle pattern - **1198**
9. Total Upside: ~16-17%
No Buy Or Sell Recommendations
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.