Over the past 10 months or so, price has created a pattern formation called a . (For more on the psychology on this pattern see my Youtube video "Lessons I've Learned From Losing") If we were to see a violation of the lows of this pattern formation then the prediction would be a breakout.
Like all breakout patterns there are 3 ways in which I teach how to trade them.
1 - Positioning yourself in anticipation of the breakout.
2 - Positioning yourself during or directly after the breakout
3 - Waiting for the confirmed breakout and waiting for a pullback.
From a Technical Analysis perspective there is very little to argue with @Akil_Stokes ... I've given an attempt at analysis of fundamentals (not me strongest point though) in the publication above. According to that I don't see us breaking the bottom of your triangle....
But hey, as a wise man once said ... "Anything can happen in the markets" or "markets can stay irrational much longer than you can stay solvent" :D
Have a great day my man ! Peace ! :peace: