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$WAVES/USDT 1h (Binance F.) Descending channel breakout & retest

Long
BINANCE:WAVESUSDT.P   Waves / TetherUS PERPETUAL CONTRACT
Waves just broke out and should rally higher soon I believe!

Current Price= 5.9393
Buy Entry= 5.9547 - 5.8238
Take Profit= 6.2131 | 6.5885 | 7.0987
Stop Loss= 5.5953

Risk/Reward= 1:1.11 | 1:2.4 | 1:3.994.14
Expected Profit= +11.06% | +23.80% | +41.14%
Possible Loss= -9.94%

Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h

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