Long
CAKEBUSD Update! Still Bullish ;)

Hey all,
Just an update as our previous setup was Stopped out by just a tick. Given that the Correction Channel is still valid, I am still bullish and have entered on this setup.
PLEASE manage your risk tightly here. This pair is extremely volatile.
ENTRY 1: 13.3 (already triggered)
ENTRY 2: 11.35
STOP LOSS: 9.88
TARGET 1: 25.25
TARGET 2: Trailing Stop
Happy Trading, always manage risk.
Just an update as our previous setup was Stopped out by just a tick. Given that the Correction Channel is still valid, I am still bullish and have entered on this setup.
PLEASE manage your risk tightly here. This pair is extremely volatile.
ENTRY 1: 13.3 (already triggered)
ENTRY 2: 11.35
STOP LOSS: 9.88
TARGET 1: 25.25
TARGET 2: Trailing Stop
Happy Trading, always manage risk.
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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.