It appears the first road block put out yesterday at 91.5c of 150k got taken out this morning.
This 200k road block at 97c is the more crucial.
As I said about 3 weeks ago the technicals and the fundamentals were lining up together, and it needs next week for all the pieces to come together which will create a forceful upward explosion to occur.
My picture perfect descending triangle which had a base at 83.5c did not get penetrated over the last couple of weeks, and today the candle closed just a fraction over the descending line. In other words it has finally broken out.
Next week will confirm if it is a full breakout and if so my first target before having a breather is $1.46-$1.50.
Very rare to see the fundamentals and technicals coming together so perfectly. DFS and/or funding appear to be ready for next week, with breakout. Very exciting to see and I can't ask for more going into this weekend.
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