VGX/USDT Breakout Opportunity
Updated
Trading Recommendation - VGX/USDT Breakout Opportunity
Dear traders,
I hope this message finds you well. I would like to bring your attention to a potential trading opportunity on the VGX/USDT chart. After conducting a thorough analysis, I have identified a breakout pattern that suggests a bullish trend for VGX.
Based on the breakout pattern I have observed, I recommend considering a LONG position on VGX/USDT. Here are the key details for this trade:
Target: 0.1370
Stop Loss: 0.1175
The stop loss level of 0.1175 is crucial for managing risk and protecting your investment in case the market moves against our expectation. It's important to honor this level and consider adjusting your position accordingly if the price reaches or breaches it.
As for the target, I have set it at 0.1370. This level represents a potential price objective based on the breakout pattern. However, it's essential to monitor the market closely and consider adjusting your target based on any significant price movements or market developments.
Dear traders,
I hope this message finds you well. I would like to bring your attention to a potential trading opportunity on the VGX/USDT chart. After conducting a thorough analysis, I have identified a breakout pattern that suggests a bullish trend for VGX.
Based on the breakout pattern I have observed, I recommend considering a LONG position on VGX/USDT. Here are the key details for this trade:
Target: 0.1370
Stop Loss: 0.1175
The stop loss level of 0.1175 is crucial for managing risk and protecting your investment in case the market moves against our expectation. It's important to honor this level and consider adjusting your position accordingly if the price reaches or breaches it.
As for the target, I have set it at 0.1370. This level represents a potential price objective based on the breakout pattern. However, it's essential to monitor the market closely and consider adjusting your target based on any significant price movements or market developments.
Note
Close 80% of your position at 0.1280 and move SL to entry point.Note
Trade successfully closed at trendline with almost 11% profit.
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