$DOCU Recovery

Hi there,

the price could be forming an ascending triangle pattern which could break out to the upside.

Trade geschlossen: Stop wurde erreicht:

RIP

Kommentar:

Yesterday, the above chart pattern has unfortunately moved in the opposite direction.
But today, we could finally break the supply zone at $146 and move quite higher. The approximation level for the take profit worked out pretty well, since we closed around that level.
For the short term, I could imagine a small drawdown before we start a third wave to the upside.