ABNB is in a super tight consolidation. We have support at 137 within this pattern and upper resistance at 139.60 of this pattern
This pattern targets 146 which is the weekly overall down trending resistance if we break upside.
If we get caught up from Movingnaverge resistance on weekly that is between 142.50-143$. This is my first take profit idea if we can break upside
If we break 136.60 and hold below, this downside might target 131$ This pattern should conclude tomorrow. We have shown the market the resistance we need to break, and any downside test of the pattern was faced with massive buying shooting back towards the 140 resistance .
If we can push through with conviction ABNB may be ready for a good size move up! I am positioned for an upside move. Good luck traders. Use stop loss and risk management in case it goes against the direction of your choice.
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