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bizmark
Mar 3, 2021 10:38 AM

WAVES breakout? Long

Waves / TetherUSBinance

Description

Looks like it's gonna break up. The breakout would mean a good chance for run to 16. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Actually TP is bit lower, as 16 is round number. Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before). RRR is 6.7.

Trade active

Order filled

Trade closed: stop reached

Monitoring further for new setup
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