MU ascending triangle!
Updated
Simple analysis:
If the ascending triangle is broken, with everything being normal, the price could reach the target.
If the ascending triangle is broken, with everything being normal, the price could reach the target.
Note
The ascending triangle has turned into a symmetric triangle, which highlights more uncertainty in the market. The symmetric triangle has smaller target amplitude because the breakout zone is lower than that of the ascending triangle.
However, the upward breakout still reflects the maintenance of the primary uptrend.
Let's see.
Order cancelled
The symmetric triangle breakdown puts into doubt a possible uptrend. Due to that, the idea is no longer valid.
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