bizmark

OMG triangle breakout

Long
bizmark Updated   
This is a follow up to the trade below:
The range and resistance staying the same. Newly OMG formed triangle📐and now seems to be breaking up. Also breaking the range upper edge. Just bought @ 14.5.
  • ENTRY: local high @ 14.5
  • SL: local low @ 13.63
  • TARGET: height of the triangle projected from midpoint of the local range (BUY - SL) @ 19.5
  • RRR: 2.1 TP1, 5.8 TP2
  • INVALIDATION: when SL level hit

Check my other stuff in related ideas.

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment:
What a scam wick to $2 just on Binance US. Not counting this nonsense.
Trade closed: stop reached:
SL hit

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