STG to drop hard

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Stargate Finance broke down this triangle📐 and I think there is chance for drop to 0.21 which would mean -40% loss of value. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.

• ENTRY: local low @ 0.3532
  
• STOPLOSS (SL): local high @ 0.3769
  
• TARGET: height of the triangle projected from midpoint of the local range (SELL LIMIT - SL) @ 0.21
  
• REWARD RISK RATIO (RRR): 6
  
• INVALIDATION: when STOPLOSS 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.

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.