"PRQ/USD chart shows characteristics of a cup and handle pattern

The PRQ/USD chart showcases an interesting development with elements resembling a cup and handle pattern. While not definitive, we can observe a rounded "cup" formation, a downward handle, and a potential breakout point. Based on technical analysis, the target could be $0.38. However, remember that PRQ/USD is a low-cap gem with inherent risks and high volatility. This is not financial advice, and other factors like fundamentals and market conditions are crucial. What are your thoughts on this potential pattern and its implications? Remember, always do your own research and consult a financial advisor before investing.

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Trade attivo:

This is a long term trade for me 12-18 months

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Commento:

Commento:

Good lord this moves slow

Commento:

The target was for July 2024 in all fairness.