AAVE/USDT 45m (Binance Fut) Descending channel breakout & retest Long

AAVE / TetherUS PERPETUAL CONTRACTBinance

Description

⋅ Nov 12, 2020 12:11 PM

Aave could be forming a bull-flag here (continuation), I expect a last pullback down to 200MA before the next big move up.

Current Price= 56.971
Buy Entry= 54.837 - 51.837
Take Profit= 58.907 | 63.242 | 66.528
Stop Loss= 47.767

Risk/Reward= 1:1 | 1:1.78 | 1:2.37
Expected Profit= +10.44% | +18.57% | +24.73%
Possible Loss= -10.44%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 72h

Trade active

⋅ Nov 12, 2020 2:57 PM

Entries filled

#Aave is going as planned so far, let's wait patiently for a bounce now!

Trade closed: target reached

⋅ Nov 13, 2020 9:47 AM

TP1 with +10.44% (1x)

Well well well, that was so accurate I can't even believe it myself 🙈
I hope you held tight and use no leverage as I recommend, this is the way to go when high volatility is there!
Road to second target now, wait for it...

Trade closed: target reached

⋅ Nov 13, 2020 11:41 AM

TP2 hit with +18.57% (1x)

And there it went, nice profit! Now road to last target with SL at max entry (54.837$)

Comments

jezuke97

⋅ Nov 22, 2020 2:34 AM

What about now? :)

TradingOn

⋅ Dec 1, 2020 7:11 PM

@jezuke97, well we shorted it the other day in Premium and already closed. I may try another time soon: