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Buy level - $0.285 - $0.3
Stop loss - $0.26
Take profit 1 - $0.5
Take profit 2 - $0.6
Take profit 3 - $0.7
Tlm chart right here is a very good example of inverted Head and shoulder pattern. The left shoulder, Head and the right shoulder has completed it's formation.
A neckline breakout and pullback has occurred too. We also have a trendline breakout and a pullback in play. Once a pullback to $0.285 - $0.30 is complete, I expect a pump to $0.5, $0.6 and $0.65 which equates to 100% - 120% increase respectively.
What do you think?
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