Looking at our higher timeframe we see an impulse leg towards 0.00004500. Look left, structure leaves clues, support found. Resistance found @ 0.00005000. Higher lows being formed. Momentum heavily favored towards the upside, an ideal entry would be a daily close above 0.00005000.
Shifting over to our pattern timeframe we can see resistance @ 0.0004950.
Price not showing signs of slowing down, a 4hour close above 0.0005000 triggers trade.
Finally looking at our trigger timeframe we clearly see the higher lows formed and resistance @ 0.0004950. Price looking short term . Waiting for a break and close above 0.0005000 for a long entry.
Target 1: 0.0007000
Target 2: 0.0010000
Target 3: 0.0015000
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