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bizmark
Jan 4, 2022 8:44 PM

BTT triangle breakout 📐  Long

Description

What's up guys. Hope you had great holiday and eveything is all right in 2022! Wish you all tons of profits.💰 Now just let's get down to bizness...

BitTorrent broke up this triangle📐 and I think there is chance for run to 0.00448 and even higher. Setting BUY LIMIT order to catch the pullback. Planning to take profits along the way as show on chart. BTT let's go!🏃‍♂️
  • ENTRY: local high @ 0.002883
  • STOPLOSS (SL): local low @ 0.002635
  • TARGETS (TP): TP1 - resistance @ 0.00352 | TP2 - resistance @ 0.00393 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 0.00447
  • REWARD RISK RATIO (RRR): TP1 - 2.6 | TP2 - 4.2 | TP3 - 6.4
  • INVALIDATION: when SL level hit


Check my other stuff in related ideas.

Please like👍, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

Trade active

Order filled ✔️& lifted off immediately

Trade closed: stop reached

SL hit 🛑
Comments
WitWolfy
now we wait....
bizmark
@WitWolfy, looks like we found support at the trendline confluence. Let's see what's next!
nvh2hv26nt
What is the time frame for this trade?
bizmark
@nvh2hv26nt, roughly 1 month
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