Long trade setup in #ADAUSDT with APF and Divergence...
We had a very good run so far as we keep hitting targets for days now. Check our previous analysis/trade ideas or Link to Related Ideas to know more or visit our tradingview profile/page here https://www.tradingview.com/u/TheForexSamurai/
The question now is this, will this be a winning trade once again? We will see...
There's an opportunity for me to long/buy on a potential bullish bat pattern (88.6% XA) completion with a valid divergence to it. Entry, SL/Setup POR and TP as seen in the chart. Trade responsibly and happy trading to all.
Legends:
Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
The question now is this, will this be a winning trade once again? We will see...
There's an opportunity for me to long/buy on a potential bullish bat pattern (88.6% XA) completion with a valid divergence to it. Entry, SL/Setup POR and TP as seen in the chart. Trade responsibly and happy trading to all.
Legends:
Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade
Red dotted line: Stop-loss order
Red dash line: Setup point of ruin (POR) @ 1.13
Green line: Target profit order (TP1 @ 0.382/TP2 @ 0.618)
Trade closed: stop reached
