This is a relatively simple trade. Because of the length of that triangle It would be a fairly safe trade to ride this breakout to the top of the triangle peak which will give a nice line of resistance that we can use for a target. This is a gold miner so we can follow the gold price to ensure that we dont get a fakeout and watch this thing whip back down past the break out. We have a little flag now so yo can cut down a little bit of risk and wait for the breakout above the post of the flag at 0.057 cut the risk down a bit.
I wish I had picked this up on my screener weeks ago because this is a juicy one!
I wish I had picked this up on my screener weeks ago because this is a juicy one!