The price is preparing to break out of the triangle by crossing above $53.5.
Wait for a candle to close above the resistance, paying close attention to breakout volume.
Here comes a nice little bounce off the support, where the daily SMA50 (red line) is also sitting... possibly the launchpad before takeoff!
Wait for a candle to close above the resistance, paying close attention to breakout volume.
Here comes a nice little bounce off the support, where the daily SMA50 (red line) is also sitting... possibly the launchpad before takeoff!
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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.