After an impressive 800% growth in 2 months, the security went into correction and consistently broke through all Fib levels and stopped at 0.382, where support is clearly visible. 2 patterns are formed in parallel, the first is the Flag, the second is a falling triangle with a flat bottom. Both patterns are ready for a breakout upward (see the yellow circle), from where the security will go up with 3 targets - 22.31, 32.96 and 40
.53 dollars, a rise of 134% is expected. The security is prone to fast and strong moves, large price fluctuations are possible on the breakout of 2 patterns, but the security looks upward. Since the trade is considered very aggressive, you need to be careful with the size of positions, the stop order here can only be the size of your position, and there is no point in placing a physical stop here, it will be reached with a very high probability. Upon reaching each of the goals, it is necessary to unload 30% of the position, having time to fix the profit. This trading style will allow you to get the maximum profit factor of your trade.