NANO triangle breakout
Updated
NANO seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 8.27 and even higher. I see strong resistance zone 8.28-8.47, so I will be taking profit bit lower below the triangle target projection. Still great RRR.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
- ENTRY: local high @ 6.883
- SL: local low @ 6.6
- TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 8.27
- RRR: 4.9
- INVALIDATION: when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
Comment
Guys I have a favour to ask you: if you like my content, please comment, smash the like button, and follow me (if you haven't yet). Publishing all the analyses takes quite a lot of time, and I think it's really high quality stuff (see related ideas below), so if I will not see enough interest, I may not post so often. Thank you!🙏Trade active
Order filled ✔️Trade closed: stop reached
SL hit, looking for re-entriesComment
Chart slightly revised, new setup below. ENTRY 6.924, SL 6.589, TP same as original. RRR 4. Comment
NANO ready for breakout? I'm ready! Trade active
Order filled ✔️Trade closed: stop reached
SL hit, BTC spoiled the party once again flushing the whole market. This is why it's so critical to have SL in place
Related publications
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.