Please 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Stargate Finance broke down this triangle📐 and I think there is chance for drop to 0.21 which would mean -40% loss of value. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY: local low @ 0.3532
STOPLOSS (SL): local high @ 0.3769
TARGET: height of the triangle projected from midpoint of the local range (SELL LIMIT - SL) @ 0.21
REWARD RISK RATIO (RRR): 6
INVALIDATION: when STOPLOSS level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Trade active
Order filled ✔️
Trade closed: stop reached
Stoploss hit 🛑 Maybe breaking to the other side (upside) or may just get broader triangle before downside breakout.
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.