Myrousdt trading opportunityAscending broadening wedge pattern was spotted with price holding firm towards the upper trendline zone. Presently, the price is forming an inverse head and shoulders (IH&S) pattern, with a projected target in the vicinity of the 0.05213 price level, at which point it is expected that a large scale 'Cup' formation will be fulfilled.
Subsequently, we are anticipating the development of a 'Handle' portion, which would complete the 'Cup and Handle' formation. The optimal zone for re-accumulation has been identified as the 'buy back' area delineated on the chart, where the projected targets have been clearly marked.
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