This pattern has about a 70% chance to break out to the upside. A breakout should happen within the next few days. If its too the upside we should rocket up pretty fast. We are looking for a daily close above 59200 with strong volume to confirm the the breakout. I think if we break up our first long target should be 70K.
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.