After a breakout from the bullish triangle while price is above of MA 50 days, I will expect that price going to raise approximately of the base of the triangle. NOW Price made a good candle above of both consolidation area and strong support line and it is a good news that price will be able to kiss its strong resistance. For neutral It seems that price will reach to these targets respectively base on Fibonacci Extension that highlighted on the price zone :
1.2232 on 1.618
2.3397 on 2.618
3.4585 on 3.618
For short position we can take orders on the trend lines, consolidation area after any pull back or maybe on the Fibonacci numbers if possible.
1.2232 on 1.618
2.3397 on 2.618
3.4585 on 3.618
For short position we can take orders on the trend lines, consolidation area after any pull back or maybe on the Fibonacci numbers if possible.