Notion: Ready for a triangle breakout very soon?
Hello traders! Let's see how notion is doing on Friday.
The price closed above EMA 21. But We still don’t see a breakout of triangle.
Based on daily timeframe, the trend line (Light blue) of base triangle acts as the immediate support. We can clearly see the yellow line is the strong support.
While the purple line represents strong resistance.
I expect a breakout of triangle pattern and rally to purple line as soon as next week.
Have a great weekend!
The price closed above EMA 21. But We still don’t see a breakout of triangle.
Based on daily timeframe, the trend line (Light blue) of base triangle acts as the immediate support. We can clearly see the yellow line is the strong support.
While the purple line represents strong resistance.
I expect a breakout of triangle pattern and rally to purple line as soon as next week.
Have a great weekend!
Comment:
Breakout of triangle. Next target 1.25