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TFUEL - Trade Set-up

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Theta Fuel / TetherUS (BINANCE:TFUELUSDT)  
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BINANCE:TFUELUSDT   Theta Fuel / TetherUS
Trend Analysis Support and Resistance TFUELUSDT binance
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trendanalysis supportandresistance tfuelusdt binance
Price consolidating for almost 2 months.
Breaking above this range and now price is trying for trend resumption.

Market Cycle for this is, Bull Trend > Range Extended > Breakout above Range > Breakout Pullback > Possible Bull Trend Resumption.

I am looking to buy on the dip. Seeing a 4H channel for a lower entry.

Maths for the Trade is good. 18% Risk vs 65% Reward.

Komen:
Taking Entry from 10175. Expecting to get filled in the Dip.
Trade Set-up
snapshot

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Penafian

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