Both of my scenarios end up hitting the upper trend line. It could possibly happen in 2 different ways though
- Either the price will rally to the top after breaking up the highlighted S/R level which is the key to the action...
- ... or it will retest the lower S/R first ( because of the trendline breakout previously ) and then it will start a powerful rally to the top
Either way it will go up. I really doubt it will down-trend. Thanks! :)