TradingDutch-com

Took a trade at a confirmed bull flag LINK USDT

Long
BINANCE:LINKUSDT   ChainLink / TetherUS
The bull flag on the daily chart LINK USDT confirmed. I's a risky trade, because the top of the bull flag is all time high, I cannot refer to history to determine my target. I trade on confirmation of a (very) clear bull flag on the daily chart and the respect for the EMA20. To determine my target I will look closely to price action and probably will use Fibonacci. My stoploss is at 10.2195/10.2185, based on the previous low on August 9, minus 1x ATR.

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