Long

ATABUSD { AUTOMATA } - BULLISH SETUP

By Chibuike_Odoh
ANALYSIS 🔎
- ATABUSD is testing the all time low support (@0.33919)
- Price action is printing a pennant pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price (CMP).
- Stop limit entry: breakout above the pennant pattern's inclined resistance.
- Limit entry: test of the pennant pattern's inclined support.

TARGETS 🎯
- Horizontal resistance level (@0.43948).
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the pennant pattern's inclined support.
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Chibuike_Odoh

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