IREN Limited
Long
Updated

IREN Cup & Handle Breakout New Wedge Structure in Play

1 130
IREN confirms a classic Cup and Handle breakout above neckline, now transitioning into an ascending broadening wedge. Price is pulling back into the buy-back zone, offering a fresh opportunity to ride the next leg up.

Targets stretch from $40 to $63, as shown on the chart. RSI supports the move, and the overall structure remains bullish. Watch for reaction within the wedge for the next impulse.

📝 Share your thoughts
Trade active
Still in progress

snapshot

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.