WAVES/USDT 2h (Binance Fu) Triangle breakout & Ascending channel for BINANCE:WAVESUSDTPERP by TradingOn

WAVES/USDT 2h (Binance Fu) Triangle breakout & Ascending channel

#Waves is looking bullish again after that pullback to broken trendline, let's give it a new try!

Current Price= 2.4674
Sell Entry= 2.4700 - 2.4146
Take Profit= 2.5632 | 2.6910 | 2.8840
Stop Loss= 2.3214

Risk/Reward= 1:1 | 1:2.06 | 1:3.65
Expected Profit= +9.90% | +20.36% | +36.18%
Possible Loss= -9.90%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 2x
Estimated Gain-time= 240h

Trade active

Going well so far 🤞🏼

Note

And back to entry...

I still think we can go for first target at least, so I just added to my position manually.

Note

Went for a lower entry and bounced

Up and down and up... First target should be reached today I believe.

Note

Market can't make up its mind today

But I'll stick to trading plan and let that one run a while longer!

Trade closed: target reached

TP1 reached with +9.90% (2x) from average entry

That's about time, I'm glad I stuck to it, worth the wait and road to 2nd target now!

Trade closed: target reached

TP2 with +20.36% (2x) from average entry 🎯

Boom, what a nice pump at last, enjoy that profit 💣

Trade closed: target reached

And that's a wrap, TP3 with +36.18% (2x) 🎯

TradingOn

Also on:

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.