$SXP/USDT 3h (Binance Futures) Head & Shoulders + Triangle break
Swipe broke-down that H&S and is retesting the neckline right now, I believe it's a good timing to enter.
If managed to break-out then red trendline and enter back inside the ascending triangle then we'd rather switch to long!
Current Price= 0.9360
Sell Entry= 0.9329 - 0.9569
Take Profit= 0.8769 | 0.8124 | 0.7371
Stop Loss= 1.0018
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.65
Expected Profit= +14.40% | +28.04% | +43.98%
Possible Loss= -12.04%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 120h
If managed to break-out then red trendline and enter back inside the ascending triangle then we'd rather switch to long!
Current Price= 0.9360
Sell Entry= 0.9329 - 0.9569
Take Profit= 0.8769 | 0.8124 | 0.7371
Stop Loss= 1.0018
Risk/Reward= 1:1.2 | 1:2.33 | 1:3.65
Expected Profit= +14.40% | +28.04% | +43.98%
Possible Loss= -12.04%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 120h
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