Z-Obee Third Attempt to Breakout Above Ascending Triangle

Once again for the third time halted by the green resistance zone. Immediate support is the orange support belt. Breakout above the immediate green resistance zone will probably challenge the dual resistance band of the green channel. Clearing the horizontal resistance of the red ascending triangle will probably find new support around this horizontal line.

Any pullback below the immediate orange support belt will meet strong support at the intersections of the lavender support area, the upper dual band of the blue channel and the lower dual band support of the green channel.

A breakdown below the red slope support of the red ascending triangle will negate this triangle formation. However, technically there is a possibility of a larger triangle pattern if a support base forms at the light blue support zone or the Ichimoku kumo cloud region.