A Symmetrical Triangle Pattern has formed on the 1HR Time-frame. It usually indicates solid consolidation until a breakout occurs towards the top or bottom. This particularly sentiment is bullish , so I identified a few key levels with the last price point aiming towards @140.10. I set a Buystop Entry right above Trend Line 1. I predict Intra-week activity that could fulfill all 3 targets.
My 1st Target: 138.925
My 2nd Target: 139.400
My 3rd Target: 140.100
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My 1st Target: 138.925
My 2nd Target: 139.400
My 3rd Target: 140.100
If you found this helpful, please feel free to like or comment below!
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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.