FIL / TetherUS
Long
Updated

FIL Bullish Opportunity !?

585
On the day chart has a potental head and shoulder pattern
And we need to find a good time to set up our position

snapshot

On 4 hour chart there is a apotential double bottom
If it break out (4.742) and stand firm
SL at 4.172

We can get more 5% profit than waiting for H&S pattern complete
and we can set TP 1(5.00)


snapshot

Back to day chart

If 1(5.00) be breakout and TP as below

TP1:5.626
TP2:5.879
TP3:6.421
TP4:7.300
Note
On the 1h chart
We got the long opportunity of Vegas tunnel!
SL:4.301
TP:5
The R/R ratio is 3.3
snapshot
Note
The Vegas tunnel plan hit the SL

snapshot

Let's wait for wedge breakout

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.