ALGOUSDT 1H long; Completing W-formation with bullish pattern
TA Explained
ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge
Trade setup
Best entries: 0.4149 - 0.4303
TP1: 0.4548
TP2: 0.4806
TP3: 0.5107
SL: 0.3945
RR: 3.16
Max leverage: 3
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ALGO Completing the W-formation on bigger timeframe with a bullish continuation pattern at lower timeframe. trying to get in on the final dip within the falling wedge
Trade setup
Best entries: 0.4149 - 0.4303
TP1: 0.4548
TP2: 0.4806
TP3: 0.5107
SL: 0.3945
RR: 3.16
Max leverage: 3
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
הערה:
Price moved away from the entry at first, then dipped to activate the setup, bounced nicely and reached all targets. Thats about 60% profit for 3rd target.