Will WSM push upward to test 0,04 USDT again ?
Updated
This pair broke out of the triangle, retested it and made a move upward...
As a nest move I would expect a retest of the 0,5 fib at 0,265 USDT before moving up in al 3 drives pattern all the way back up to 0,04 USDT before any real retranchement.
A deep drop back down into the triangle below 0,0254 would invalidate this theory.
I'd put a SL at 0,025 for this trade with a TP1 at 0,034 and TP2 alt 0,04 USDT
Not trading advice,
DYOR
As a nest move I would expect a retest of the 0,5 fib at 0,265 USDT before moving up in al 3 drives pattern all the way back up to 0,04 USDT before any real retranchement.
A deep drop back down into the triangle below 0,0254 would invalidate this theory.
I'd put a SL at 0,025 for this trade with a TP1 at 0,034 and TP2 alt 0,04 USDT
Not trading advice,
DYOR
Order cancelled
Invalidated, SL reached
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.