AVAX approaching key confluence:
50% retracement of 27.13-43.60 move
100% Fibonacci extension of recent ABC down-movement
Targeting another swing higher:
Entry limit : 35.86
Stop-Loss: 32.30
Take Profit 1: 38.13
Take Profit 2: 48.51
Risk:Reward: 1:2
Remember, this is not financial advice. DYOR and trade responsibly.
50% retracement of 27.13-43.60 move
100% Fibonacci extension of recent ABC down-movement
Targeting another swing higher:
Entry limit : 35.86
Stop-Loss: 32.30
Take Profit 1: 38.13
Take Profit 2: 48.51
Risk:Reward: 1:2
Remember, this is not financial advice. DYOR and trade responsibly.
Note
Update: T1 moved to 37.89Trade active
T1 hit at 37.89. SL remaining position moved to 35.11
Trade is risk free.
Trade closed: stop reached
Trade closed at BE.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.