market seems to be consolidating. There was a triangle breakout but hasnt not hit resistance yet. I suspect that it will hit the resistance then drop then go back up to break resistance.
4h:Chart formed a triangle pattern with a possible breakout at $229.95 showing market exhaustion ie market is possibly preparing for a break out
I would execute a buy if price breaks support line @ $232.34. If price breaks support line then a buy @ 232.34 setting the TP @ $254 with stop loss @ $216.55 as it would have breaken the larger triangle.
