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Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Kusama broke down this triangle📐 and I think there is chance for run to 15 and even lower which would mean -33% loss of value from current price. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
- ENTRY: local low @ 24.00
- STOPLOSS (SL): local high @ 26.08
- TARGET (TP): height of the triangle projected from midpoint of the local range (SELL LIMIT - STOPLOSS) @ 15.00
- REWARD RISK RATIO (RRR): 4.43
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please boost🚀, 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 ✔️
Trade closed: stop reached:
Stoploss hit 🛑
Maybe breaking to the other side (upside) or may just get broader triangle before downside breakout.
Maybe breaking to the other side (upside) or may just get broader triangle before downside breakout.