Description
⋅ ANALYSIS 🔎
- ATABUSD is testing the all time low support (@0.33919)
- Price action is printing a pennant pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price (CMP).
- Stop limit entry: breakout above the pennant pattern's inclined resistance.
- Limit entry: test of the pennant pattern's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.43948).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support.