ONT is currently residing at the top of the triangle, potentially breaking out of it. I'm expecting that ONT will bounce off the resistance once more and move towards the lower support line. Around that line would be a great area to step in for the best risk-reward ratio.
A decent longer-term target would be the current local high around 1,60.
Happy trading!
A decent longer-term target would be the current local high around 1,60.
Happy trading!
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