$COMP/USDT (Binance Futures) Falling wedge breakout
Compound is looking good for bullish continuation here after regaining 100EMA and breaking out.
Current Price= 455.95
Buy Entry = 455.63 - 442.81
Take Profit= 496.82 | 548.43 | 601.95
Stop Loss= 1039.8
Risk/Reward= 1:1.25 | 1:2.6 | 1:4
Expected Profit= +21.20% | +44.16% | +68.00%
Possible Loss= -17.02%
Fib. Retracement= 0.786| 1.117 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
Current Price= 455.95
Buy Entry = 455.63 - 442.81
Take Profit= 496.82 | 548.43 | 601.95
Stop Loss= 1039.8
Risk/Reward= 1:1.25 | 1:2.6 | 1:4
Expected Profit= +21.20% | +44.16% | +68.00%
Possible Loss= -17.02%
Fib. Retracement= 0.786| 1.117 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
Nota
EDIT:Stop Loss= 410.99 (as chart is indicating)
Dagangan ditutup: sasaran tercapai
First entry filledCompound moved up to +14.50% (2x) then got rejected on descending TL again, next attempt would be it!
50MA was just retested after that and seems to be acting as support nicely.
Dagangan ditutup: sasaran tercapai
TP1 was reached with +21.20% (2x) and +1.25RSimilar situation with Compound, remaining position closed in small loss: -2.86% (2x) since 2nd target was missed by 3.10% (18.03$).
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
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Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.