The technicals look weak, to be completely honest. There is some resistance from above via the and the suggests some negative momentum, though the MACD/RSI combination does suggest now is a good time to make a move, not necessarily a long position.
This chart pattern does look conspicuously like an waiting to happen. The ratio of the first leg is right in the sweet spot at just over 0.6, so assuming a completion of this pattern, we can expect the other leg between 1.2 and 1.6, so a conservative profit target has been set using a ratio of 1.2, which is right around 0.15829.
Assuming a 50% anchored at 8/25 and 10/30, we can set a stop loss at 0.15208.