Long
STRATIS - Buy Opportunity - 50% ROI - 9.2:1 Risk/Reward
Previously posted this chart earlier this month however was hidden due to an external link. Seeing as the trade has still not completed, there is still opportunity to re-enter using a LIMIT order should we re-test the consolidation zone. Hopefully this will give you an idea of how long it can take for a trade to play out but offer massive reward to the amount of risk:
1. Valid break-out pattern with a clear consolidation zone
2. Consolidation occurring at the upper trend line of the larger break out pattern
3. Increase in volume prior to break out
4. High return on investment (50%) with massive 9.2:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
1. Valid break-out pattern with a clear consolidation zone
2. Consolidation occurring at the upper trend line of the larger break out pattern
3. Increase in volume prior to break out
4. High return on investment (50%) with massive 9.2:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Note
Smaller time frame breakout has occurred. Projected profit target confluence with the larger pattern. Note
Target 1 hit taking partial profitsNote
The upcoming ICO platform launch could privide the catalyst to hit target 2
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.
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.