Monero broke up this triangleð and I think there is chance for run to 372 and even higher. Setting BUY LIMIT order to previous range high to catchðĢ 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.
Check my other stuff in related ideas.
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â ïļDisclaimer: 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 likeð, 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
