Looking to take a 45 - 60% profit over 3-4 day period risking 30% on a $1000 investment for a risk/reward ratio of 2 . Basing bounce prediction on the descending wedge pattern that has been forming over the last four days on the 1 hour chart.
Buy zone is over the next day but could take longer to develop. Price will bounce/consolidate at the .236 Fibonacci...
