That was my scenario too before it broke the triangle. Now I'm thinking it could form a double bottom , using the triangle as support(supported by fibonacci retracement), although the head and shoulders target supports a breakout and 50/200 ema are converging:
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$12,300 or so will be the critical juncture as had been posted in prior blogs.
Yes, that's close to where my target is (red line). Thank you for responding.