Curve DAO Token is trying to break this triangleš up and if it will make it I think there is chance for run to 1.755 and even higher. Let's see whether the white local uptrendline is going to boost the price. Setting BUY STOP-LIMIT order to last swing high to catch the breakout.
ENTRY: local high @ 1.474
STOPLOSS (SL): local low @ 1.335
TARGET (TP): height of the triangle projected from midpoint of the previous range (PREVIOUS RANGE HIGH - STOPLOSS) @ 1.755
REWARD RISK RATIO (RRR): 2
INVALIDATION: when SL level hit
See below my previous CRV triangle breakout setup and how the TP2 actually was the top:
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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.