$EGLD/USDT 1h (Binance Futures) Falling wedge breakout & retest

Elrond eGold had a very bullish trend lately and seems ready to push higher any moment now!

Current Price= 171.946
Buy Entry= 173.073 - 165.451
Take Profit= 202.504 | 231.270 | 268.164
Stop Loss= 152.641

Risk/Reward= 1:2 | 1:3.73 | 1:5.95
Expected Profit= +39.28% | +73.26% | +116.86%
Possible Loss= -19.64%

Fib. Retracement= 0.618 | 1.272 | 2
Margin Leverage= 2x
Estimated Gain-time= 180h

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SL hit with -19.64% (2x)

Big sell-off on Elrond and stop hunted, too bad, we'll long again next time!