ADA triangle breakout

12 août 2022

Cardano seems to be accumulating to break up this triangle📐 and if that is the case then I think there is chance for run to 0.601 and even higher. Setting BUY STOP-LIMIT order to current range high to catch the breakout.

• ENTRY: local high @ 0.5476
  
• STOPLOSS (SL): local low @ 0.5205
  
• TARGET (TP): height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - STOPLOSS) @ 0.601
  
• REWARD RISK RATIO (RRR): 2
  
• INVALIDATION: when SL level hit
  

Check the parallel setups on DOGE:

and SHIB:

Please boost🚀, comment🗣️, follow me✒️, enjoy📺!

⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.

13 août 2022

Transaction en cours

Order filled ✔️

19 août 2022

Trade fermée: ordre d’arrêt atteint

Almost made it to the target but reversed right below. Then hit the stoploss🛑 followed by a huge spill. Always have SL in place...