A triangle was forming since a few days. If breakout is confirmed it can go up to 203 (AB=CD + 1.24 fibo level).
With also some intermediate targets at the fibo levels.
From AT perspective, RSI is forming a higher low, MACD maybe about to cross 0 and ichimoku lagging span crossed the price, maybe first indication of a potential uptrend.
With also some intermediate targets at the fibo levels.
From AT perspective, RSI is forming a higher low, MACD maybe about to cross 0 and ichimoku lagging span crossed the price, maybe first indication of a potential uptrend.
Comment:
Just a reminder: if you want a safe trade only buy if the breakout is confirmed ;)
Trade closed: stop reached