Hi everyone,
Since the lows from December, the price for this pair has been within the edges of this pitchfork. There has been a decrease in volume while the price has been making new highs, but still there is an opportunity for going long if the price tests the lower levels of the pitchfork.
2 possible entries: 5.74 and 5.46
Potential gains between 12% and 35%, depending on the entry and the TP.
TP 1: 6.55
TP 2: 6.99
TP 3: 7.39
SL: 5.142
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
Since the lows from December, the price for this pair has been within the edges of this pitchfork. There has been a decrease in volume while the price has been making new highs, but still there is an opportunity for going long if the price tests the lower levels of the pitchfork.
2 possible entries: 5.74 and 5.46
Potential gains between 12% and 35%, depending on the entry and the TP.
TP 1: 6.55
TP 2: 6.99
TP 3: 7.39
SL: 5.142
*Not financial advise, just sharing my ideas :)
Feel free to give your feedback/opinion. Thanks for reading!
Trade closed: target reached