Long
$REEF/USDT 3h (Binance Futures) Asc. parabolic curve on support
Let's give Reef.finance another chance to bounce since it broke out of the bullish flag.
Current Price= 0.037746
Buy Entry= 0.036905 - 0.036001
Take Profit= 0.039526 | 0.043599 | 0.046750
Stop Loss= 0.034173
Risk/Reward= 1:1.35 | 1:3.13 | 1:4.52
Expected Profit= +16.86% | +39.20% | +56.50%
Possible Loss= -13.50%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Current Price= 0.037746
Buy Entry= 0.036905 - 0.036001
Take Profit= 0.039526 | 0.043599 | 0.046750
Stop Loss= 0.034173
Risk/Reward= 1:1.35 | 1:3.13 | 1:4.52
Expected Profit= +16.86% | +39.20% | +56.50%
Possible Loss= -13.50%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 10 days
Trade active
All entries filledReef Finance dipped as expected, let's hope it will not deceive us again this time! 🤞🏼
Trade closed: target reached
TP1 reached with +16.86% (2x) and +1.35RAnd Reef Finance bounced nicely, we are glad we caught it this time, trade is secure now with SL at 2nd entry!
Trade closed: target reached
TP3 reached with +56.50% (2x) and +4.52RAll targets hit within an hour, Reef Finance went mad, such an amazing scalp!
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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.