PAY/USD cup and handle - TenX ready to explode!
This pattern is very , especially since TenX has been consolidating for a long time, an upward move looks very likely.
Both the and the in the indicate an increase in momentum.
The also looks like it is about to turn (it is about to become positive).
If the price of TenX manages to break past the previous resistance at 3.19$, I think we will revist the 5$ level.
Entry level could be now or at the 3.2$ level (with a smaller reward to risk ratio).
Stop loss should be put at 1.4$.
Take profit could be at around 4.8 to 5$.
This is not financial advice, this is just my opinion. Any comment is appreciated!