ADAUSD Trading opportunities

Hi guys,

ADAUSDT has been trading in a downtrend with a wider Bearish Channel. The channel recorded the first breakout in the form of Ascending triangle pattern.

We should prepare to buy the pull back.

Possible Entry and exit targets are clearly stated on the chart.

BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.

Trade active:

ADA made unexpected uturn with price making a fakeout to lure down the buyers then free fall down to return back to the channel.

Price testing the bottom trendline of the downtrend channel and bounce is expected.