YFI/USDT - Buying the pullback - May 5, 2021

YFI bear action seems to be losing momentum, with a bulish hammer formed in the 4h chart, followed by a long-legged dogi and a bullish engolfing patter, where I entered the trade.

Trade parameters:

Entry: 52384.30
TP: 55157.35
SL: 51470.89
Risk/Reward: 3:1



Disclaimer: I am a beginner trader, not a professional.