Watch AVAX for double bottom

We are coming into the apex, but before the breakout expect a retest of previous low.
Enter 50% of position, and 50% when triangle breaks out.

Trademanagement
Expect a bear trap down to 61-59 area. Enter 25% of position with target 66.59 to take profits if triangle break confirms for continuation and close open position.
Targets when trade active.

Not financial advice. Trade on your own risk

Note

Be patient, we are still waiting for a test of the trendline, even if double bottom is in. The one who got in, great job, the ones who are still waiting, if no retest happens, take entry on breakout and 2nd entry at retest of breakout if it happens.

Note

HIGH CHANCE OF BEARTRAP

If you want to stay on the safe side wait for the break and buy the dip, and buy when entering triangle again.

Note

Two entry points for bear trap. Depending on which triangle is correct

Trade active

As expected the bear trap was in play, just didn't got to the level before revearsing. Watching for breakout to enter following 50%

Note

Targets like on chart.

Management: Take 25% of your position out of the market each target. Remaining 25% for price discovery, we are aiming for 90+

SL will be updated every target

Note

trade still active, we are waiting for the dxy to cool off as AVAX still holds strong the take profits are in play and price discovery could extend.

Note

maybe?

Note

Watch for a breakout of the box. or take profit on upper side, and accumulate on lower side

Note

probably will break tomorrow, but might rebound quick, set limits at 50, 43

Krambjoern

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Krambjoern