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Dantefe

ARB Channel Trade +%20+%40

Long
Arbitrum/Tether (OKX:ARBUSDT)  
Dantefe Updated   
OKX:ARBUSDT   Arbitrum/Tether
Chart Patterns Trend Analysis Fundamental Analysis ARB arbitrage ARBUSDT arbitrum ARBUSD arbitrumanaliz arbtc
16
0
chartpattern trendanalysis fundamental arb arbitrage arbusdt arbitrum arbusd arbitrumanaliz arbtc
I believe market will go to a small correction soon, so it is quite risky to open long positions.

However, I will take the risk and try this tactic.

This is just a trial not a financial advice.
Comment:
It broke the channel. However, I will keep my position as long as it doesn't close any daily candle below 1.06$ since I believe it is a fake breakout.
Comment:
As I thought, the breakout was fake and we reached the first TP point.
Comment:
We reached the TP2. I take my profits and leave the rest till if it reaches the upper channel line.
Trade closed: target reached:
You can take your money here, or you can take the risk and wait more.
Trade closed: target reached:
It touched the upper channel line so I closed my position.
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