KMDBTC triangle break and test opportunity setup
Updated
TA:
- finishing 5th subwave of 1st wave
- triangle breakout and test with 61.8% retracement
FA:
- nil
TP:
- will take 50% profit for 1st tp
- 2nd tp will exit based on the lower tf trend breakout.
Conclusion:
-Overall still a good trade and textbook trade based on chart pattern.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
- finishing 5th subwave of 1st wave
- triangle breakout and test with 61.8% retracement
FA:
- nil
TP:
- will take 50% profit for 1st tp
- 2nd tp will exit based on the lower tf trend breakout.
Conclusion:
-Overall still a good trade and textbook trade based on chart pattern.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
Comment
Rocket with great volume!
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