Price has been trading in this triangle since late march and is now coming to an end the upwards trend line you can see is long term support dating all the way back from January, as I cannot see the price falling past this point I am expecting a bullish breakout. Entry may change depending on where we break but stop loss and tp will remain the same. Speaking of take profit I have plotted three places price may retrace to support from but if we break them they themselves may act as support towards the target.
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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.