🔥 CHR Triangle Break-Out

CHR has seen an amazing run up in the last two months. Since hitting a new ATH the 13rd, the price fell after a much-needed corrction.

After a more than 50% dump over the last week, it appears that the price has found a strong support in the bottom trend line of the triangle drawn on the chart. This trade is based on the idea that the price will soon break-out on top and continue its way up from there, making up for lost ground.

🟡 ENTRY: 0.42
🔴 STOP-LOSS: 0.38
🟢 TARGET 1: 0.47
🟢 TARGET 2: 0.55

Happy trading!