Analysis 🔎: SMETRIC is printing an ascending triangle pattern.
Potential breakout.
Price is approaching the triangle's horizontal resistance.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: fibonacci extension level (1), projected ascending channel resistance.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
Potential breakout.
Price is approaching the triangle's horizontal resistance.
Buy entry ⬆️: breakout above the ascending triangle's horizontal resistance.
Targets 🎯: fibonacci extension level (1), projected ascending channel resistance.
Setup invalidation ❌: breakdown below the ascending triangle's inclined support.
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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.