CAKEBUSD (CAKE) - POTENTIAL BREAKOUT

ANALYSIS 🔎
- CAKEBUSD is printing an ascending triangle (AT) pattern.
- This is a bullish build up pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Stop limit entry : breakout above the ascending triangle's horizontal resistance.
- Limit entry : test of the ascending triangle's inclined support.

TARGETS 🎯
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.