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ANALYSIS π
- CAKEBUSD is printing an ascending triangle (AT) pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY β¬οΈ
- Stop limit entry : breakout above the ascending triangle's horizontal resistance.
- Limit entry : test of the ascending triangle's inclined support.
TARGETS π―
- Fibonacci extension levels.
SETUP INVALIDATION β
- Breakdown below the ascending triangle's inclined support.