WINGS:BTC making symmetrical triangle on 4 hours chart. RSI is below 35. It may be last wave down to lower line and may breakout soon.
Trade entry on breakout of upper line and stop loss just below lower line makes it very profitable trade setup with 1:4 risk reward ratio.
Keep an eye or set alarm for breakout and trade entry. Use trailing stop loss to minimize risk and trailing take profit to maximize profit.
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Disclaimer : This is not a buy advice. Use your own due diligence before risking money. Trading concurrency involves significant risk.
Trade entry on breakout of upper line and stop loss just below lower line makes it very profitable trade setup with 1:4 risk reward ratio.
Keep an eye or set alarm for breakout and trade entry. Use trailing stop loss to minimize risk and trailing take profit to maximize profit.
Follow, Like, comment, share for more trade setups like this.
Disclaimer : This is not a buy advice. Use your own due diligence before risking money. Trading concurrency involves significant risk.
Comment:
In short term , it can also give 1:2 risk to reward.
