ALGO taking off
ALGORAND finally broke up after long consolidation. I'm already in from the BUY LIMIT level, just bought the initial breakout, but I will add to my position, in case of any dips, i.e. the retest of the BUY LIMIT level would be gift from gods. I will update this idea regarding any new long signals.
TP1 >> RRR 4
TP2 >> RRR 6
TP1 >> RRR 4
TP2 >> RRR 6
Note
Just set new BUY LIMIT A @ 1.233, with SL A @ 1.0875. TPs same, and RRR being almost the same as well.Transaction en cours
order BUY LIMIT A filled moments agoTransaction en cours
order BUY LIMIT filledNote
Closer look (H1) at the price action after initial break out. ALGO pulled back and backtested the upper edge of yellow triangle. Then consolidated into new (white) triangle which has also been broken up. Then pulled back to test the lower edge of the broken white triangle. Pure Price Action...Trade fermée: ordre d’arrêt atteint
SL A hit, the trade with entry BUY LIMIT A closed. Trade with entry BUY LIMIT still in play.
As long as the lower triangle edge (the uptrendline, price currently sitting there) holds, I will be looking for long signals to re-entry.
Trade fermée: ordre d’arrêt atteint
SL hit, the trade with entry BUY LIMIT closed.
a
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.