Ascending Triangle

Dec 13, 2017

In the past, I posted an analysis similar to this setup.

2 targets are shown:

1- if resistance breaks, price will shoot up
2- if trendlines are broken, price will come down

Dec 13, 2017

Note

1st trendline broken, now we'll see if 2nd trendline holds and forms into the triangle before it shoots up

Dec 18, 2017

Note

Nice breakout on the resistance

Broke resistance and retesting along with the 2nd trend line

$22,300 incoming?

tradingview.com/chart/J8jsINwF/