We are in a good position, first of all in the 4 hour time frame we are inside an parallel channel
which is now near the bottom of the channel, and also in the one hour time frame we have a symmetrical triangle pattern
, which if it breakout the triangle, we can enter well and take a swing from the ascending swings. I have included the entrance price after breaking the triangle as well as the targets.
Targets: $7.2 , $8.2
My stop loss will be at $6.3