The chart shows two possible routes for the price action. The triangle breakout should be waited to catch an optimal entry.
Komen:
The labels "First resistance" and "Target resistance" should be "First support" and "Target support".
Komen:
The market has broken the triangle to the upside. Now the price action should be closely monitored for an optimal short entry. Minor reversal formations may occur in the following days, which will show the weakness of the market, after which we will enter the trade.
