Despite the break of the to the upside, it is expected the price to encounter strong resistance on the upper line of the triangle, which also coincides with a long downtrend line since January 2015. However, if this downtrend line is broken to the upside, price may at least reach the top level of the , which also corresponds to 23.6% of the base of the triangle from the point of break. If price closes above the top of the base of the , it is likely that we can apply standard triangle breakout rules, with targets at 50%, 76.4% and 100% of the base of the triangle.
On the other hand, if downtrend line holds, price will travel south to test the lower line of the triangle. A break of the triangle to the downside, probably will find resistance again around 1081, which is also the 38.2% base of the triangle from the point of breakout, but if price breaks below this level, standard triangle trading rules apply, with targets at 50%, 76.4% and 100% of the base of the triangle measured from the point of break.
All trades are managed with count back line stoploss after triggered.
In conclusion, short-term sentiment, but bias still in place on the long run.
Happy trading and good luck!