This is a trade I just run into and executed on Binance, even though I charted the pair on HUOBI.
Very straight forward S/R flip after breakout. Strong weekly and daily momentum. Relatively low volatility. Great Risk:Reward. Needs to work only 16% of the time to breakeven. Sign me up.
Very straight forward S/R flip after breakout. Strong weekly and daily momentum. Relatively low volatility. Great Risk:Reward. Needs to work only 16% of the time to breakeven. Sign me up.
Trade active:
Rejection at our support level for two weeks in a row. Alts holding up pretty well.
Trade closed: stop reached