Metalla Royalty (MTA.V) Forming Rounded Bottom, Possible Setup

355
Metalla Royalty, trading on the Venture exchange, has started to form a rounded bottom continuation pattern. This could set up a trading opportunity if the price pulls back, consolidates, and then breaks out of the consolidation higher (at least this is how I like trade the pattern).

I have put estimated trade levels, providing for a roughly 3:1 reward:risk.
At this point, it is a hypothetical trade. No positions taken yet. Trades levels will vary based on how far the price pulls back, and how large the consolidation is (if one develops). The prior consolidation has been highlighted with a pink box.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.