Triangle formed, 5 points.
Breakout to the short side expected.
Enter when market closes below triangle.
Target measured move to 98.50.
Breakout to the short side expected.
Enter when market closes below triangle.
Target measured move to 98.50.
Comment:
Price now hugging upper boundary of triangle. Likely a long side breakout.
Comment:
Price finally broke out aggressively to the long side. Too late for any trade, idea closed.