Filecoin. Possible next participant

Hello!

I realized that I usually put signals which are just about to break or has just broke out which would need a throwback (pullback and retest) for a "perfect" risk/reward.

I was thinking I'll put an update now early on from a possible participant for us

We have a nice looking bullflag here.
We will follow this one and look, how it starts to play out

Give a like if you like this idea


-Jebu

Commentaire:

The price tested again the upper sloping resistance. I put an buy order ready, close to the vertical support and 50ema if it happens to spike drop fastly and come back. Stop is also activated 4-5%

If the price happens to break upwards we wait for retest and then take an entry

Commentaire:

When/if we do see a break out upwards, we want to see the upper vertical resistance to be broken also. Which will work as confimation

Commentaire:

We did hit our entry target

Commentaire:

Here it shows on USDT which I actually forgot to post beforehand, sorry about that.
Take notice that this is not leveraged position. Target is 100-130% move. I marked with vertical red line the area after which I would turn little bearish and wait for a drop down. You don't want to risk on this trades anymore than you need to!

Commentaire:

Trade hit to stop loss. Lower support level worked nicely as a support.