- Breakout W Bottom with volume. - Retrace and forming a platform with low volume. - Around 4 risk reward ratio. SL: If break previous Pivot Low (0.095) (≈15%) TP: Around 0.145 (≈40%) Disclaimer: For discussion and sharing purpose only. NOT buy or sell recommendation. Trade at your own risk. #TAYOR
My Prediction using method Trendline + Elliot wave Major + Fibonacci Extension
L&G just break immediate short flag pattern...uptrend channeling MACD>0 & RSI>50 Chart Pattern: Uptrend Channel Potential to close previous gap down @ 0.19 FA: Positive
Note - AD-line have potential to cross EMA-50,20 but far from EMA-200 - which sign to maintain price at BU pivot point
Entry point @ 0.105 Take profit @ 0.150 Stop limit @ 0.095
When volume kicks in, expecting the counter to surge till 0.260