Original setup revised (see related idea "DOGE ready to get his bone! 2"). Strong price compression, DOGE just needs to break out of this pressure cooker badly, giving beautiful setups:
A) BUY STOP-LIMIT 1; TP 1; SL >> RRR 4.5
B) BUY STOP-LIMIT 2; TP 2; SL >> RRR 9
Targets are heights of the triangles projected from midpoint of the local range (BUY STOP-LIMIT 2 - SL). Invalidated when SL level hit (even if BUY STOP-LIMIT 1/2 not filled before)
A) BUY STOP-LIMIT 1; TP 1; SL >> RRR 4.5
B) BUY STOP-LIMIT 2; TP 2; SL >> RRR 9
Targets are heights of the triangles projected from midpoint of the local range (BUY STOP-LIMIT 2 - SL). Invalidated when SL level hit (even if BUY STOP-LIMIT 1/2 not filled before)
Trade active
BUY STOP-LIMIT 1 filledTrade active
BUY STOP-LIMIT 2 filledTrade closed: target reached
Just got 1st bone! ** YUMMY YUMMY **Note
🐕 Break of TP1 imminent, then run for another bone (TP2) 🦴Trade closed: target reached
Was that accurate🎯 enough❓
a
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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.