ATOM⚛️ triangle breakout
COSMOS broke up this triangle📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM⚛️ come on!
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- ENTRY: BUY LIMIT - local high @ 41.0
- STOPLOSS: local low @ 38.8
- TARGETS: TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 51.5
- REWARD RISK RATIO (RRR): TARGET1 - 3.1 | TARGET2 - 4.8
- INVALIDATION: when STOPLOSS level hit
Check my other stuff in related ideas.
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Trade active
Order filled ✔️Trade closed: stop reached
Stoploss hit 🛑. Quick flushout. Monitoring further for next setups.
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a
Related publications
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.