CRO has formed a triangle and is trading within this area. It looks poised to break out in any direction soon.
Breaks upwards: if it breaks above, the recent high would be a good place to take profit.
Breaks downwards: if it breaks below, the next area of support would be a good place to take profit.
Do wait for a close above/below the pattern for additional confirmation, preferably a close on the daily chart.
Breaks upwards: if it breaks above, the recent high would be a good place to take profit.
Breaks downwards: if it breaks below, the next area of support would be a good place to take profit.
Do wait for a close above/below the pattern for additional confirmation, preferably a close on the daily chart.
