Ascending Triangle, waiting confirmation
Pros:
R/R ratio above 10
Descending volume during formation
Volume at break out
PPS crossed 200MA at break out.
PPS above 50MA and 200MA
ATR ascending, more volatility
RS ascending and above 0
Cons:
200MA descending
250RSI below 50
Gap filled at 71,64. May reverse back down
If confirmed, Target:
PT1=71,64 (watch out, red line. may reverse on gap fill)
PT2=76,43
PT3=80,64
PT4=85,25
Bonus PT5=92,01
Bonus PT6=97,49
Pros:
R/R ratio above 10
Descending volume during formation
Volume at break out
PPS crossed 200MA at break out.
PPS above 50MA and 200MA
ATR ascending, more volatility
RS ascending and above 0
Cons:
200MA descending
250RSI below 50
Gap filled at 71,64. May reverse back down
If confirmed, Target:
PT1=71,64 (watch out, red line. may reverse on gap fill)
PT2=76,43
PT3=80,64
PT4=85,25
Bonus PT5=92,01
Bonus PT6=97,49