Description
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Buy level - $0.28 - $0.31
Stop loss - $0.23
Take profit 1 - $0.40
Take profit 2 - $0.50
Take profit 3 - $0.60
Take profit 4 - $0.65
As we can see right here, we have descending triangle breakout and retest which signifies a good option to buy.
On the main chart, we have a good representation of the Inverted Head and Shoulder pattern
All conditions for a good H & S pattern is complete on this chart.
If you look closely, we already have the neckline breakout and retest which is a standard confirmation for a good buy.
Once pullback from the descending triangle is complete, I expect Tlm to rise by 40%, 75%, 110% & 125% to $0.40, $0.50, $0.6 & $0.65 respectively.
What do you think?
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