Scenarios for the rally up and down!
In my last idea I mentioned I was wrong about going down to $0.32-$0.34. In this idea, I am going to discuss what happens if the symmetrical triangle is broken to the upside or the downside.
On a 15 min chart, things look very bullish. Targets are on the chart. However, if you zoom out go to a daily chart - it suggests we are going to retest the $0.32 support.
I am going to go long if we exit this symmetrical triangle. Put SL at $0.56. Take profit at $0.92 and $1.22.
On a 15 min chart, things look very bullish. Targets are on the chart. However, if you zoom out go to a daily chart - it suggests we are going to retest the $0.32 support.
I am going to go long if we exit this symmetrical triangle. Put SL at $0.56. Take profit at $0.92 and $1.22.
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