๐ Price Action:
Sitting tight at $6.50, coiling inside a clean symmetrical triangle. Last fake-out under support didnโt confirm โ bulls still holding the line.
๐ Pattern Probabilities (Bulkowski):
Symmetrical triangles break ~54โ60% in trend direction. Post-breakout moves hit ~60โ75% of measured height โ decent odds for upside here.
โ Volume contracting = typical pre-breakout behavior
โ RSI divergence still bullish
โ Channel since 2023 intact, macro structure supports trend-following
๐ฏ Targets & RR Setup:
Trigger zone: $7.20โ$7.50
Target 1: $9.45 (+31% | RR ~2.5:1)
Target 2: $28.81 (+298% | RR ~12:1)
Target 3 (channel top): $168.12 (+2,368% | moonshot ๐)
โณ Next Step:
Break over $7.50 = green light for Target 1. Weโre trailing stops below the rising trendline to lock in gains without killing the move early.
#KULR #TrianglePattern #BreakoutWatch #TargetTraders #StockMarket
Sitting tight at $6.50, coiling inside a clean symmetrical triangle. Last fake-out under support didnโt confirm โ bulls still holding the line.
๐ Pattern Probabilities (Bulkowski):
Symmetrical triangles break ~54โ60% in trend direction. Post-breakout moves hit ~60โ75% of measured height โ decent odds for upside here.
โ Volume contracting = typical pre-breakout behavior
โ RSI divergence still bullish
โ Channel since 2023 intact, macro structure supports trend-following
๐ฏ Targets & RR Setup:
Trigger zone: $7.20โ$7.50
Target 1: $9.45 (+31% | RR ~2.5:1)
Target 2: $28.81 (+298% | RR ~12:1)
Target 3 (channel top): $168.12 (+2,368% | moonshot ๐)
โณ Next Step:
Break over $7.50 = green light for Target 1. Weโre trailing stops below the rising trendline to lock in gains without killing the move early.
#KULR #TrianglePattern #BreakoutWatch #TargetTraders #StockMarket
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Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.