$BAND/USDT 6h (Binance Futures) Falling wedge breakout
Let's give Band Protocol another try since prior call was stopped at entry after TP1.
Current Price= 12.0940
Buy Entry= 11.7450 - 11.3130
Take Profit= 13.1074 | 15.4391 | 18.4985
Stop Loss= 10.3476
Risk/Reward= 1:1.35 | 1:3.33 | 1:5.93
Expected Profit= +13.74% | +33.97% | +60.52%
Possible Loss= -10.21%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 480h
Current Price= 12.0940
Buy Entry= 11.7450 - 11.3130
Take Profit= 13.1074 | 15.4391 | 18.4985
Stop Loss= 10.3476
Risk/Reward= 1:1.35 | 1:3.33 | 1:5.93
Expected Profit= +13.74% | +33.97% | +60.52%
Possible Loss= -10.21%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 480h
Trade closed: target reached
TP2 reached with +33.97% (1x) and 3.33RBand pumped as expected, almost hitting last target, still in play!
Trade closed: target reached
TP3 with +60.52% (1x) and 5.93RBand went up exactly to channel resistance and reached all target, really nice!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.