๐ฅ LUNC Bullish Triangle Confirmed - Wait For Break
Recently I made an analysis on LUNC and the potential bullish triangle it was trading in. My first target, the top of the triangle, has been reached now, which in turn confirms the triangle pattern.
For now, it looks like we can potentially retest the bottom support of the triangle. Be patient for a break out through the top resistance. Targets in blue.
A higher risk-reward entry would be to buy from the triangle's support.
For now, it looks like we can potentially retest the bottom support of the triangle. Be patient for a break out through the top resistance. Targets in blue.
A higher risk-reward entry would be to buy from the triangle's support.
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