$LKE $LKE.ax

LKE breaking out of a 5 month consolidation period, looks like a 5 month cup and handle pattern

Target is at the 1.414 Fib level and also the "Cup and Handle" Traditional chart pattern target.

Lithium sector and commodities all running hot atm.

Volume is very notable on the breakout also. Adds conviction.

Looking for lower timeframe backtest entry

Trade attivo:

Could not hold breakout will will eatch for more consolidation before another attempt.

Trade attivo:

A quick fakeout to create liquidity nad now travelling well.

target in sight.

Trade chiuso: obiettivo raggiunto:

target hit