Good bullish chart patterns setting up. If it breaks out above the current trendline we will be right in the buy zone for this current overall 25 day trend. This is a long term trade and I will update it with targets once we see how it moves. I expect a breakout to originate around .18500000
Buy Range
Low - .16998444
High - .22340000
FIB
1) .5 (18016917)
2) .382 (.20672607) Sweet Spot
3) .236 (.23958462)
If this breaks out below the low range and heads down we will need to look for a new support line.
I will update with targets on breakout.
Remember this is a long trade on a 2 hour chart it will develop over the next several days to weeks. Be patient and remember this is only my ideas please do your own research and never risk more then you can loose.
GOOD LUCK!
Buy Range
Low - .16998444
High - .22340000
FIB
1) .5 (18016917)
2) .382 (.20672607) Sweet Spot
3) .236 (.23958462)
If this breaks out below the low range and heads down we will need to look for a new support line.
I will update with targets on breakout.
Remember this is a long trade on a 2 hour chart it will develop over the next several days to weeks. Be patient and remember this is only my ideas please do your own research and never risk more then you can loose.
GOOD LUCK!