BLUE - Monthly View Thoughts Long Setup

I can't decide which is prettier...this BLUE setup or OGI. We have a dragon pattern breakout....double bottom. January was basically a backtest of breakout. Mac D histogram is waning and we're about to go positive...which has not been positive since 2018 !!!! Huge potential in this setup !!! 50 % and 61.8 % retrace targets are 136 and 159 respectively !!! if you look at lyft was basically the same pattern but not as huge in size...remember this is years in the making and LYFT did a 50% retrace 20 -51 dollars. 50% retrace exactly. i think this will do .618 or even the .786 @ 192 we'll have to see what it does. Volume is only thing not that great...but we'll see when the move happens if it jumps real good. right now 10day volume is 1.31 million

Komentarz:

not to mention the inverted hammer reversal candle this month it's painting as well.