Lots of positives. Inverse h and s, broke two downtrends, broke RSI downtrend, MACD, looks good… have a small position (@.345) , so plz share your thoughts. Opinions appreciated, new trader…
UPDATE:
$BRSH Broke out of descending triangle as expected, Also notice the Rounding Bottom pattern in the 4h TF
Rounding bottom chart pattern is an indication of a positive reversal.. it needs to break above the neckline resistance level of the rounding bottom ($2.12~) and hold above it to continue in its new upward trend🔥
Looks like ready to join the recent IPO party ($ILAG, $MEGL, $FRZA, $TGL and $REBN)
It needs to break above the top of the triangle pattern to go higher...
