Currently,there is a rising channel during one hour TF.

In August 16, cup pattern target completed.

Currently,there is a rising channel during one hour TF.

The range of the rising channel in the picture is around $ 22.

You should buy and set stop loss as the price is near the support level of the channel.

Profit target could reach around $ 1805.00 as shown.

But it also could lead to break out condition !

Just after the breakout, the entry position have to be changed immediately as the following price range.
Parallel ChannelSupport and Resistance

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