Monero broke up this triangle๐ and I think there is chance for run to 372 and even higher. Setting BUY LIMIT order to previous range high to catch๐ฃ the pullback. Notice how price action respects the Fibbonaci extension applied to initial impulse. 0.618 already broken, 1 just tested. Next hurdle will be 1.272 and finally the 1.618 which corresponds with the triangle target. Easy breezy, beautiful.
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โ ๏ธDisclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
- ENTRY: local high @ 282
- STOPLOSS (SL): local low @ 248.9
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 372
- REWARD RISK RATIO (RRR): 4.3
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please like๐, comment๐ฃ๏ธ, follow meโ๏ธ, enjoy๐บ!
โ ๏ธDisclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ืขืกืงื ืคืขืืื:
Order filled โ๏ธ
ืขืกืงื ืกืืืจื: ืืืืข ืืกืืืค:
Stoploss hit ๐