#SEI Ascending Triangle Breakout (High Risky Setup)
#SEIUSDT is forming an ascending triangle pattern, a bullish continuation pattern. Enter long at the breakout above resistance, with a stop loss below the recent swing low. Set a take profit based on a favorable risk reward ratio. Monitor volume and practice proper risk management.
Note
⚠️ Prior to the entry point, I want to clarify that this setup is invalidated due to specific market conditions. As such, I recommend refraining from entering this trade.
Disclaimer
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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.