SHIBð triangle breakout
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Shiba Inu broke this triangleð then backtested it's upper edge & local range midpoint (support cluster) and bounced up. I think there is chance for run to 0.00001380 and even higher. Setting BUY LIMIT order to previous range high to catchðĢ the pullback.
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â ïļDisclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Shiba Inu broke this triangleð then backtested it's upper edge & local range midpoint (support cluster) and bounced up. I think there is chance for run to 0.00001380 and even higher. Setting BUY LIMIT order to previous range high to catchðĢ the pullback.
- ENTRY: local high @ 0.00001297
- STOPLOSS (SL): local low @ 0.00001278
- TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.00001380
- REWARD RISK RATIO (RRR): 4.4
- INVALIDATION: when SL level hit
Please boostð, commentðĢïļ, follow meâïļ, enjoyðš!
â ïļDisclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
Order filled âïļ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļąāļāļāļēāļāļāļļāļ:
Stoploss hit!ð Went well but then reversed sharply and reached the invalidation point. RRR is the name of the game...you can lose often but still be profitable as the big winners will make up for the small losers. Not for everyone's psychÃĐ anyway!
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Just play the idea now till the end a check how it eventually went to the target and then dumped. SHIB has memory...
