As you can see, we are in a bullish trend which can be considered as a bullish TRIANGLE Chart pattern. After breaking the resistance, it will be a good entry point and it goes high till FIB RET 0.618 with ease.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.