⚡️ Market Context
RESOLVE appears to be finishing the inner correction leg B of a broader ABC pattern, with the structure taking the form of a possible triangle.
📈 Chart Explanation
Triangle corrections typically resolve with a decisive breakout, and this structure is no different. The highlighted gray zone is the technical area where leg B is expected to complete, setting the stage for the triangle to release into a strong bullish move as wave C begins.
🎯 Entry Decision
This is a level-to-watch setup rather than an immediate action zone. The priority is observing whether price holds within the highlighted support before committing to the bullish continuation thesis.
💰 Execution Plan
Patience is key here; wait for confirmation that the support zone holds before positioning for wave C. This same zone also defines the risk boundary, so it should anchor any risk management decisions.
📈 Outlook
If the highlighted support zone holds, the triangle pattern is positioned to trigger a strong bullish leg C. A break well below this zone would invalidate the current view and require reassessment.
