Cup and Handle, Potential breakout coming.
I see a cup and handle here and once I see a green 1 hour candle over that handle I'm buying in with a 1 ATR stop loss and 2 ATR price target. If the price goes up and stays above the 20 day moving average I will not sell at the PT until I see a red candle close below the 20 day moving average. BIG POTENTIAL HERE. I also see a bigger cup starting to form which is awesome.
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