Given the triangle that in RSI had given a good pre buy signal we find that if the price confirm the upside break out, the chances for a long to the weekly resistance zone of 137.82 are good.
Therefore we will wait to see a close above the 129.95. At one to one risk reward ratio, place the stop at break even and then wait to see if the price reach 137.82. Just keep in mind that the minimum target for the triangle get accomplished at 135.86
Therefore we will wait to see a close above the 129.95. At one to one risk reward ratio, place the stop at break even and then wait to see if the price reach 137.82. Just keep in mind that the minimum target for the triangle get accomplished at 135.86