Three possible patterns to watch out for that could give us a buy opportunity
1) Bullish pennant (blue)
How to trade: We have a buy opportunity If resistance break TP = $5.5
2) ABC correction to trend (orange)
How to trade: We have a buy opportunity if we get a reversal candle near trend TP1 = $3.55 TP2 = $4.45
3) Double bottom (red)
How to trade: 100 MA is catching up, Fib level near $3 mark We have a buy opportunity if we get a reversal candle near the $3 mark TP1 = $3.55 TP2 = $4.45
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looks like it might break that bullish pennant (blue)