The bottom could be either an ascending triangle breakout or a rectangle. But doesn't really matter. The important part is the break above 16000 on great volume.
Looks like we are getting some rotation of the breakout candle which offered a good dip to get in.
Risk is set at 15655
Target is at the measured move of 17679
Looks like we are getting some rotation of the breakout candle which offered a good dip to get in.
Risk is set at 15655
Target is at the measured move of 17679
Trade closed: stop reached:
Dont want to be patient below resistance so I exited trade