There is no breakout so a break to $7.70 is not confirmed YET. Inverse head and shoulders may be forming along with a cup and handle that has formed. I would look for price to break above the neckline at $7.43 and if we get candle closes above this level, i would open a long to $7.70 and exit this long trade. Bullish cross on 15min MACD and stochastic RSI is curving up. Price above 21 EMA and pushing against 200 EMA and may break above 200 EMA.
Trade closed: target reached
Target reached bing bing bing, no stop loss was hit!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.