COIN - False Breakout

Updated
No news rip, looking to be a false breakout on this pennant. Expecting reversal to the downside.
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RSI on the 1H, 4H overbought
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snapshot
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Based on pennant and fib levels:
PT1: 60
PT2: 53
PT3: 43

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Trade closed: target reached
Closed yesterday at opening bell. Flawless play.
Chart PatternsPennant

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