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ACC: Ascending Triangle Breakout

ACC breakout of an Ascending Triangle with momentum. The height of the pattern suggests an upside target in the range of (1730-1735). However we notice a fine Fibonacci Retracement confluence at 1720, which will be an interesting level to keep a watch for. A throwback to the breakout level of 1705 should no be discounted.
Ascending TrianglebouncebackChart PatternsFibonacci RetracementthrowbackTrend Analysis

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