Ascending triangle:
Other technicals:
TP at every 1:1 RR
- Break even failure rate for up breakouts: 17%
- Average rise: 43%
- Throwback rate: 64%
- Percentage meeting price target for up breakouts: 70%
- Volume: Trends downward at least 78% of the time
Other technicals:
- RSI trending above 50
- Price started month above P and has broken several levels to the upside. A break + test of R4 could signal trend continuation into higher prices.
TP at every 1:1 RR
