XLMUSDT 4H long setup; falling wedge breakout and retested
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TA Explained In my previous XLMUSDT long idea I anticipated a pennant breakout. It didnt happen unfortunately. Afterwards it did break the trendline and tested it afterwards.
Longing this breakout as it can be considered a continuation pattern.
Pretty wide SL from the average entry, so for this setup no leverage advised.
Trade setup Best entries: 0.02875 - 0.02938 TP1: 0.19329 TP2: 0.22169 TP3: 0.26786 SL: 0.13682 RR: 4.88 Max leverage: 1
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Do Your Own Research (of course) Trade at own risk (of course) Only trade what you can afford to lose (of course)