We can see the bullish divergence playing out with the indicators and now a pretty clear Ascending triangle pattern forming on the 1-day chart. Good potential for a short term break to the upside with a good risk reward trade.
Target 1: 120
Target 2: 132
SL: 99
Target 1: 120
Target 2: 132
SL: 99
Note
Put sweep spotted. 4/24 $105 Put 5,436 volume of trading suggests a downside break. Long Trade closed for no gain . Have a good weekend all.Trade closed manually
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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.