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Feb 10, 2022 2:35 PM

$ROSE/USDT 3h (#BinanceFutures) Symmetrical triangle breakdown Short

ROSE / TetherUS PERPETUAL CONTRACTBinance

Description

Oasis Network lost 50MA support and seems ready for more retracement down.
oasisprotocol.org/

Comment

If you don't usually short, targets are for buying

Current Price= 0.35508
Sell Entry= 0.35793 - 0.36825
Take Profit= 0.33271 | 0.31008 | 0.29113
Stop Loss= 0.38742

Risk/Reward= 1:1.25 | 1:2.18 | 1:2.96
Expected Profit= +25.11% | +43.80% | +59.46%
Possible Loss= -20.10%

Fib. Retracement= 0.5 | 0.702 | 0.883
Margin Leverage= 3x
Estimated Gain-time= 10 days

Trade active

All entries filled

OasisNetwork fully retested broken triangle and got rejected again, road to first target is in play.

Comment

TP1 was missed by almost nothing

Oasis Network is following the plan nicely with up to +24.84% profit using 3x leverage.
Targets remain valid and we'll stick to them as long as chart seems bearish to us!

Trade closed: target reached

TP3 reached with +59.46% (3x) and +2.96R

Oasis Network achieved all targets, such an accuracy on that Free call, trade is fully closed now!

Comments
CHOFX
Amazing!
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