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Honestcowboy
Mar 12, 2022 7:17 PM

LINKUSD long after breakout 

Chainlink vs US DollarPepperstone

Description

I am forecrasting link to breakout above this trendline and when it goes above the Kijun-Sen (black line) a possible Kijun Bounce would make me open a trade at the Kijun Line.
Stop loss can be put below the long term support zone which is unlikely to break. I put the target close to a recent high with a risk to reward of 1:2

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