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ALPHAUSD - LONG (Bulls in control) Ascending Triangle

4 Hour Chart
Set up - Ascending Triangle
We can see ALPHAUSDT has formed a nice Ascending Triangle Formation, and price is starting to get very tight.
We have had a deviation breakout from this ascending triangle, price more often then not will not deviate from a breakout twice.
Price has found support, on the 0.618% Fib along with some Daily Order Blocks.
Any trades placed from here, stop losses should be below the 4 hour pin bar @ $1.65
We are targeting the upper order block resistances, and the Ascending triangle target.
This trade is offering us a 4 to 1 risk reward ratio, and bulls have the upperhand.
Set up - Ascending Triangle
We can see ALPHAUSDT has formed a nice Ascending Triangle Formation, and price is starting to get very tight.
We have had a deviation breakout from this ascending triangle, price more often then not will not deviate from a breakout twice.
Price has found support, on the 0.618% Fib along with some Daily Order Blocks.
Any trades placed from here, stop losses should be below the 4 hour pin bar @ $1.65
We are targeting the upper order block resistances, and the Ascending triangle target.
This trade is offering us a 4 to 1 risk reward ratio, and bulls have the upperhand.
註釋
tradingview.com/chart/mX4PTpaN/Preparing for liftoff
交易結束:目標達成
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。