The price has broken out of an ascending triangle pattern formed between $95 and $98, showing strong follow-through. This breakout signals continuation of the prevailing uptrend.
Technical Setup: Clear series of higher lows, resistance around $97.50–$98 finally broken with a strong bullish candle.
Target: Measured move projects to around $106 ±0.5, based on the height of the triangle added to the breakout level.
Stop Loss: Immediate invalidation below $96.80 (breakout failure).
Alternative Exit: If the breakout shows soft weakness (limited follow-through, mild pullback), a wider stop can be placed under $95 (bottom of the triangle) to allow for a retest before resuming trend.
This structure suggests bullish continuation as long as price remains above the breakout zone. A retest of $97.50–$98 could offer a secondary entry opportunity.
Technical Setup: Clear series of higher lows, resistance around $97.50–$98 finally broken with a strong bullish candle.
Target: Measured move projects to around $106 ±0.5, based on the height of the triangle added to the breakout level.
Stop Loss: Immediate invalidation below $96.80 (breakout failure).
Alternative Exit: If the breakout shows soft weakness (limited follow-through, mild pullback), a wider stop can be placed under $95 (bottom of the triangle) to allow for a retest before resuming trend.
This structure suggests bullish continuation as long as price remains above the breakout zone. A retest of $97.50–$98 could offer a secondary entry opportunity.
交易结束：到达目标
Shinobi Trading Lab – Indicators • Stats • Discipline
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Shinobi Trading Lab – Indicators • Stats • Discipline
👉 Patreon: patreon.com/ShinobiTradingLab
👉 Patreon: patreon.com/ShinobiTradingLab
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。