Good possible long setup here. Price is reaching the bottom of wedge that is getting really tight + were at the large triangle support giving it confluence and at the same time it's forming an triple bottom. Also RSI and CMF are showing bullish divergencies. If we break down below $106 then things can get ugly. Can expect some stops trapped in these levels though. First target will be in $140 - $150 range where the horizontal and triangle supports are.
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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.