Cardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout.
Check the parallel setups on DOGE:
and SHIB:
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
- ENTRY: local high @ 0.5476
- STOPLOSS (SL): local low @ 0.5205
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601
- REWARD RISK RATIO (RRR): 2
- INVALIDATION: when SL level hit
Check the parallel setups on DOGE:
and SHIB:
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
Almost made it to the target but reversed right below. Then hit the stoploss🛑 followed by a huge spill. Always have SL in place...
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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.