MattieDsCryptoLounge

YFIIUSDT 1D Long setup; W-formation long after consolidation

Long
TA explained
YFII created this huge W-formation. It seem to have completed the pullback of the latest impulsive move and ready to go for a retest of previous top and surpass it for higher targets

Trade setup
Best entries: 1994 - 2292
TP1: 3199
TP2: 3994
TP3: 4903
TP4: 5997
SL: 1599
RR: 7.03
Max leverage: 1x

—————

Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.