ARB Short to .57-.78c range then Long to 1.35-1.60

Not financial advice.
Trade ideas moving forward if you look to the left we had a failed inverse head and shoulders which leads me to believe we will repeat the pattern on a longer daily scale.

Saying all that rectangle box is entry.
To complete the head of inverse head and shoulders.
If pattern works out you can look for entry between .57-78c and dollar cost average into those ranges to verify the inverse head and shoulders setup with Take profit of 1.30-160 range moving forward.
Risk to reward pretty nice here
Always remember to practice Patience.
#PIK
Patience is Key
#TLAW
Think Like A Whale

Trade active:

If you bought into the pink box you would be in nice profit now. Projected target following what I drew is 1.10 as a stop.... Still nice gains here
Another good call. Let's see what happens next

Trade closed: target reached:

Target of 1.10 met from time of call a 48% gain.
Stack the calls up

Trade active:

Can't predict the moves much more perfect than it's playing out target still 1.35-1.60
Look at nice hook on Stoch weekly