#MyTradingStyle is preparing for the next wave... Recovery: from decline to dominance...
After hitting the bottom at $0.1582, it shows signs of recovery with a strong rebound of +5.18%, and is now trading at $0.1685. This bounce comes amid good trading volume and forms a potential short-term reversal pattern on the hourly chart.
📈 Setting up a buy trade:
• Entry area: $0.1670 - $0.1690
• Target 1: $0.1725
• Target 2: $0.1760
• Stop loss: $0.1640
Professional tip:
Watch for confirmation candles above $0.1695 with a sharp increase in trading volume, as this is the green light to take advantage of the wave.