📍 Price Action:
Sitting tight at $6.50, coiling inside a clean symmetrical triangle. Last fake-out under support didn’t confirm → bulls still holding the line.
📊 Pattern Probabilities (Bulkowski):
Symmetrical triangles break ~54–60% in trend direction. Post-breakout moves hit ~60–75% of measured height → decent odds for upside here.
✅ Volume contracting = typical pre-breakout behavior
✅ RSI divergence still bullish
✅ Channel since 2023 intact, macro structure supports trend-following
🎯 Targets & RR Setup:
Trigger zone: $7.20–$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 🌙)
⏳ Next Step:
Break over $7.50 = green light for Target 1. We’re 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 didn’t confirm → bulls still holding the line.
📊 Pattern Probabilities (Bulkowski):
Symmetrical triangles break ~54–60% in trend direction. Post-breakout moves hit ~60–75% of measured height → decent odds for upside here.
✅ Volume contracting = typical pre-breakout behavior
✅ RSI divergence still bullish
✅ Channel since 2023 intact, macro structure supports trend-following
🎯 Targets & RR Setup:
Trigger zone: $7.20–$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 🌙)
⏳ Next Step:
Break over $7.50 = green light for Target 1. We’re trailing stops below the rising trendline to lock in gains without killing the move early.
#KULR #TrianglePattern #BreakoutWatch #TargetTraders #StockMarket
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.