routerprotocol.com looks bullish on Low TF and ready for short-term recovery!
Risk/Reward= 1:1.5 | 1:3 | 1:4.85
Expected Profit= +7.27% | +14.52% | +23.53%
Possible Loss= -4.85%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 1 week
Current Price:
3.2209
Entry Zone:
3.1812 - 3.1232
Take-Profit Targets:
1) 3.3813
2) 3.6099
3) 3.8938
Stop Targets:
1) 2.9994
Risk/Reward= 1:1.5 | 1:3 | 1:4.85
Expected Profit= +7.27% | +14.52% | +23.53%
Possible Loss= -4.85%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 1 week
Current Price:
3.2209
Entry Zone:
3.1812 - 3.1232
Take-Profit Targets:
1) 3.3813
2) 3.6099
3) 3.8938
Stop Targets:
1) 2.9994
Trade closed: stop reached
SL was hit with -4.85% (1x) and -1RRoute Protocol dipped a bit more than planned, stopping us out before the bounce.
TP2 would have been reached with +14.52% after all, congrats if you held!
Now forming another smaller wedge but facing 100EMA resistance, let's see how that ends...
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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.