$AAVE/USDT 4h (Binance Futures) Bull-flag breakout and retest
Aave has pulled back retesting the broken descending channel acting as bullish flag!
Current Price= 497.44
Buy Entry = 476.20 - 462.55
Take Profit= 519.47 | 563.80 | 647.69
Stop Loss= 429.55
Risk/Reward= 1:1.25 | 1:2.36 | 1:4.46
Expected Profit= +21.28% | +40.16% | +75.90%
Possible Loss= -17.02%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Current Price= 497.44
Buy Entry = 476.20 - 462.55
Take Profit= 519.47 | 563.80 | 647.69
Stop Loss= 429.55
Risk/Reward= 1:1.25 | 1:2.36 | 1:4.46
Expected Profit= +21.28% | +40.16% | +75.90%
Possible Loss= -17.02%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade closed: target reached
TP2 would have been reached with +40.16% (2x)Aave went straight back up +52% (2x), PC bot missed the entry by 5.34$ but nice profit if you entered manually on the signal alert.
Last target was almost hit, seems like entry is very far away but we'll let it run for now!
Trade closed: target reached
TP2 reached again with +40.16% (2x) and +2.36RAave finally filled our patient entry and bounced instantly, way to go! 💪🏼
Trade closed: target reached
TP3 was reached with +75.90% (2x) and +4.46RAave was also closed in big profit on top, right before correction, I guess we are not totally out of luck then!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.