DRIP: Breakout Potential from Symmetrical Triange!
DRIP is showing signs of a breakout from a symmetrical triangle pattern on the 30-minute chart.
Entry is set at the yellow line ($11.62) with the following trade parameters:
Stop Loss (SL): $11.42 (below lower trendline support).
Target 1 (T1): $11.97 (red resistance line).
Target 2 (T2): $12.33 (green resistance level).
Monitor volume for confirmation of breakout momentum.
Entry is set at the yellow line ($11.62) with the following trade parameters:
Stop Loss (SL): $11.42 (below lower trendline support).
Target 1 (T1): $11.97 (red resistance line).
Target 2 (T2): $12.33 (green resistance level).
Monitor volume for confirmation of breakout momentum.
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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.
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.