Could go as low as 0.76 in wedge but buying heavy at 0.96 as a bottom confirmation. Once break out of triangle, will look to test original price move resistance in 2.80's. Cup and handle target gives this number.
PTN producing 25%-90% returns thus far in the buy zone when falls below wedge line
Bottom confirmed on weekly and daily. Targets high above
Cannabis sector reverses this will reverse hard MM's left big gaps above that would see 3-4x return when descending wedge is broken. Low risk at these levels imo and very high reward. Currently depressed in a depressed sector that has huge growth prospects.
....Been long since 0.49 and added at 0.46. Looking to form V recovery after confirming bottom multiple times. Reversal gets this around 0.86 within the next month
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Descending wedge on the 15 min. If it doesn't break out soon it should continue to fall for another 30 pips before starting new movement
Showing signs of bottom. At crucial resistance. Should break and will give a weekly target of min $6.87 imo. Blue skies
SELL - Whilst I am overall long on GBPUSD. There is a good opportunity for 30 pips from a 1 day trade on the hourly based on the formation of current price movement. Close at 1.2666
GBPUSD could pull back to 1.245 first however the harmony and symmetry in this chart is hard deny. I see this as a possible 3-4cent play from these levels before the end of the month/early August. Technical view only however this coupled with in my view a more overvalued dollar and undervalued GBP should lead to assured profits. Pick entry astutely.