SOLUSDT.P
We have a head and shoulders patten forming at a local high, followed by a pennant.
The pennant confirms an upcoming breakout from a consolidation period.
We could see a retracement back to $120, this is reasonable given the past few days of green candles, and an overbought indicator on the daily charts.
Drawing a fib retracement from the last swing at $100, we see that $120 lies on the 0.618 fib level - a very important level.
Trade closed: target reached