Let's wait how would this turn out, don't forget to set Stop Loss.
Let me know you opinion about this pattern.
Note
6Hour Timeframe is still in uptrend it is telling me that it MIGHT go up to 1.6 to perfectly form the bullish pennant, if that happens that would be a good sign. If the price go below the formation then it would be invalid.Please trade with care.
This is not financial advice, just sharing what I can see.
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Disclaimer
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.