Long
FTM/USDT 3D (Binance) Descending triangle on support
Fantom is at triangle support again, could totally bounce back and even break it!
After exiting the big falling wedge downtrend should have been ended.
Entry range= 0.00881 - 0.00921
Take Profit= 0.01049 | 0.01192 | 0.01335
Stop Loss= 0.00906
Risk/Reward ratio= 1:1 | 1:2 | 1:3
Expected Profit= 15.78% | 31.57% | 47.35%
Possible Loss= -15.78%
After exiting the big falling wedge downtrend should have been ended.
Entry range= 0.00881 - 0.00921
Take Profit= 0.01049 | 0.01192 | 0.01335
Stop Loss= 0.00906
Risk/Reward ratio= 1:1 | 1:2 | 1:3
Expected Profit= 15.78% | 31.57% | 47.35%
Possible Loss= -15.78%
Trade active
Price bounced on support and reached +8.94% profit after that, targets are still valid.Trade closed: target reached
1st TP with +15.78%Trade closed: target reached
TP2 hit with +31.57% 💥
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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.
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.