I decided to take a long for this resons:
► Momentum going up
► 3 bounces from the 0.65 fib level
► broke out of this bigger falling Wedge
► High risk reward ratio
► Low risk with tight SL, big opportunity
► Potential breakout of this smaller triangle
Trading setup:
Entry: $0.1734
SL: $0.1553
TP: $0.2648
Disclaimer: DYOR. No financial advice. Just for your impression.
► Momentum going up
► 3 bounces from the 0.65 fib level
► broke out of this bigger falling Wedge
► High risk reward ratio
► Low risk with tight SL, big opportunity
► Potential breakout of this smaller triangle
Trading setup:
Entry: $0.1734
SL: $0.1553
TP: $0.2648
Disclaimer: DYOR. No financial advice. Just for your impression.
Trade active:
Trade is still active.
Trade active
Trade active
Trade closed: target reached:
Target reached. Took profits
Comment:
Closed the trade manually few cents below the target to be sure to take some profits.
