I decided to take a long for this resons:
► Momentum going up
► 3 bounces from the 0.65 fib level
► broke out of this bigger falling Wedge
► High risk reward ratio
► Low risk with tight SL, big opportunity
► Potential breakout of this smaller triangle
Trading setup:
Entry: $0.1734
SL: $0.1553
TP: $0.2648
Disclaimer: DYOR. No financial advice. Just for your impression.
► Momentum going up
► 3 bounces from the 0.65 fib level
► broke out of this bigger falling Wedge
► High risk reward ratio
► Low risk with tight SL, big opportunity
► Potential breakout of this smaller triangle
Trading setup:
Entry: $0.1734
SL: $0.1553
TP: $0.2648
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade active
Trade is still active.Trade active
Trade active
Trade closed: target reached
Target reached. Took profitsNote
Closed the trade manually few cents below the target to be sure to take some profits.
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.
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.