S&P Bullish breakout?

CME_MINI:ES1!   S&P 500 E-mini Futures
The S&P E Mini shows pre-breakout behavior. The price is currently breaking the 2608 resistance level . The candle is currently not closed and, thus, it is not a confirmed signal. At the same time, the price is also pushing into the upper Donchian channel which is also a bullish sign. But both signals need the confirmation of a candle close.

The 100 period MA (50 Daily MA) is waiting above price.

If the breakout succeeds, I identified two likely targets based on previous resistance levels.

If 2608 holds, 2514 could be the alternative downside target. However, the way the price action has developed lately, a bullish continuation is probably the more likely scenario.
I have been trading for 15 years!

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The target is almost reached. New update coming soon once this one has been completed
please could you kindly provide the name of the indicator that provides daily highs and lows on your chart
+1 Reply
Tradeciety LikwidWealth
@LikwidWealth, It is called Donchian channel
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