after the breakout of the triangle, and more essentially the pullback on it, there is a great opportunity to buy the stock.
The target is expected to be the length of the triangle which coincides with the 50% Fibonacci level, this could occur if the breakout of the 38.2% Fibonacci level occurs, if so, you have 90% chances that the target will be reached.
Focus on volumes friends, THEY make the market move!
The target is expected to be the length of the triangle which coincides with the 50% Fibonacci level, this could occur if the breakout of the 38.2% Fibonacci level occurs, if so, you have 90% chances that the target will be reached.
Focus on volumes friends, THEY make the market move!
