Long
CAKE's pump is awesome!...is there another 100% pump coming?
Hello Traders!
Wow, what a serious pump from PancakeSwap's native token CAKE, wish I was a part of this earlier. But as they say, the trend is your friend, until it isn't ;)
I know I am posting this one a little late re: the entries but even now, the entries and setup remain valid and price has been accumulating in our entry zone. Volume on this pullback is decreasing and the Correction Channel is picture perfect with the Median Line bounce.
This has set up to be quite a high probability trade! Entries below...
ENTRY 1: 14.9 (already triggered)
ENTRY 2: 13.7 (already triggered)
STOP LOSS: 12.25
TARGET 1: 24.5
TARGET 2: Trailing Stop
Let me know if you are joining me in these trades! The R/R is definitely worth it and I hope some of you are finding value within these posts.
Happy Trading, always manage risk.
Wow, what a serious pump from PancakeSwap's native token CAKE, wish I was a part of this earlier. But as they say, the trend is your friend, until it isn't ;)
I know I am posting this one a little late re: the entries but even now, the entries and setup remain valid and price has been accumulating in our entry zone. Volume on this pullback is decreasing and the Correction Channel is picture perfect with the Median Line bounce.
This has set up to be quite a high probability trade! Entries below...
ENTRY 1: 14.9 (already triggered)
ENTRY 2: 13.7 (already triggered)
STOP LOSS: 12.25
TARGET 1: 24.5
TARGET 2: Trailing Stop
Let me know if you are joining me in these trades! The R/R is definitely worth it and I hope some of you are finding value within these posts.
Happy Trading, always manage risk.
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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.
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.