Long
$WAVES/USDT 1h (Binance Futures) Descending trendline regained
Waves broke bullish and is supported by 50MA as well, time to scalp it!
Current Price= 9.9358
Buy Entry= 10.0052 - 9.7050
Take Profit= 10.8847 | 11.9343 | 13.4197
Stop Loss= 9.1684
Risk/Reward= 1:1.5 | 1:3.03 | 1:5.19
Expected Profit= +31.35% | +63.30% | +108.51%
Possible Loss= -20.91%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 5 days
Current Price= 9.9358
Buy Entry= 10.0052 - 9.7050
Take Profit= 10.8847 | 11.9343 | 13.4197
Stop Loss= 9.1684
Risk/Reward= 1:1.5 | 1:3.03 | 1:5.19
Expected Profit= +31.35% | +63.30% | +108.51%
Possible Loss= -20.91%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 5 days
Trade closed: target reached
TP1 reached with +31.35% (3x) and 1.5RWaves achieved to hold the TL & 50MA support then broke-out bullish again, way to go! 🌊
Related publications
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.
Related publications
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.