OMG triangle breakout
Updated
This is a follow up to the trade below:
The range and resistance staying the same. Newly OMG formed triangle📐and now seems to be breaking up. Also breaking the range upper edge. Just bought @ 14.5.
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
The range and resistance staying the same. Newly OMG formed triangle📐and now seems to be breaking up. Also breaking the range upper edge. Just bought @ 14.5.
- ENTRY: local high @ 14.5
- SL: local low @ 13.63
- TARGET: height of the triangle projected from midpoint of the local range (BUY - SL) @ 19.5
- RRR: 2.1 TP1, 5.8 TP2
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Note
What a scam wick to $2 just on Binance US. Not counting this nonsense.Trade closed: stop reached
SL hit
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