TradingOn

$REEF/USDT 3h (Binance Futures) Asc. parabolic curve on support

Long
TradingOn Updated   
BINANCE:REEFUSDT.P   REEF / TetherUS PERPETUAL CONTRACT
Let's give Reef.finance another chance to bounce since it broke out of the bullish flag.

Current Price= 0.037746
Buy Entry= 0.036905 - 0.036001
Take Profit= 0.039526 | 0.043599 | 0.046750
Stop Loss= 0.034173

Risk/Reward= 1:1.35 | 1:3.13 | 1:4.52
Expected Profit= +16.86% | +39.20% | +56.50%
Possible Loss= -13.50%

Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active:
All entries filled

Reef Finance dipped as expected, let's hope it will not deceive us again this time! 🤞🏼

Trade closed: target reached:
TP1 reached with +16.86% (2x) and +1.35R

And Reef Finance bounced nicely, we are glad we caught it this time, trade is secure now with SL at 2nd entry!

Trade closed: target reached:
TP3 reached with +56.50% (2x) and +4.52R

All targets hit within an hour, Reef Finance went mad, such an amazing scalp!


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