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CHAINLINK / TETHER Standard Futures
Long

#Link

By alikze
Updated
It is moving in an ascending corner pattern, which can retest the red box area again if it maintains the range support.
Trade closed: target reached
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FULL TP ...
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After the previous move, it can still have a retest up to the specified limit.
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It still has good momentum. Therefore, after the red touch box, you can wait in the supply zone failure area.
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SL1 ...
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According to the path, it still has momentum. Failure of the red box resistance for the target. Unfortunately, the short-term selling position made a loss...
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Targert Reached...
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I expect 1.272 or 1.618 to enter the correction phase.
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I am waiting, looking for the right position... it is not yet confirmed in D1 time.
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In the RSI, a divergence can be seen in the Fibo area of 1.272, which can be entered into a sell position if confirmed and pulled back.
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Free Risk...
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The profit limit is specified on the chart, where you can trail the stops.
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After breaking the green box area, it will continue to complete the modification.
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alikze

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