$ATM/BTC 4h (Binance Spot) Falling wedge breakout Long

Description

⋅ Sep 3, 2021 9:22 PM

Atlético de Madrid Fan Token broke out bullish and confirmed the end of the local downtrend, up we go!

Current Price= 0.0003569
Buy Entry= 0.0003543 - 0.0003393
Take Profit= 0.0003945 | 0.0004485 | 0.0004904
Stop Loss= 0.0003149

Risk/Reward= 1:1.5 | 1:3.19 | 1:4.5
Expected Profit= +13.75% | +29.33% | +41.41%
Possible Loss= -9.20%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 weeks

Trade active

⋅ Sep 6, 2021 2:38 PM

All entries filled

Atlético de Madrid is consolidating above 50MA preparing for next big move, hopefully upwards!

Trade closed: stop reached

⋅ Sep 7, 2021 5:14 PM

SL hit with -9.20% (1x) and -1R

Atlético de Madrid lost 50MA and went down retesting the wedge, stopping us out...
That hurt but it's part of the trading, if you are still in, chart is not looking bad and targets will probably be reached later.