TradingOn

$LUNA/USDT 4h (Binance Futures) Rising wedge breakdown

Penjualan
TradingOn Diupdate   
Terra broke bearish locally, we expect to retrace down at least revisiting 100EMA.

Current Price= 32.810
Sell Entry= 32.690 - 34.122
Take Profit= 28.841 | 24.606 | 21.965
Stop Loss= 37.226

Risk/Reward= 1:1.2 | 1:2.3 | 1:3
Expected Profit= +27.34% | +52.68% | +68.50%
Possible Loss= -22.88%

Fib. Retracement= 0.236 | 0.382 | 0.5
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Trade aktif:
First entry filled

Terra is going down as expected, having trouble to stay above 50MA support, first target is surely in play as soon as it loses it.
Feels good to have the right bias on both market direction for different assets, that's the main challenge!

Trade aktif:
Second entry filled

Terra went up a bit higher then reversed as planned, 50MA is lost and 100EMA is in danger, we may reach some target soon!

Trading ditutup: target tercapai:
TP1 reached +27.34% (2x) and +1.2R

Terra lost 100EMA and went for first target on that wick down, SL moved to 2nd entry (34.222$) to secure the trade now.

Trading ditutup: target tercapai:
TP3 reached +68.50% (2x) and +3R

Terra legged down pretty hard and bouncing back right after achieving all targets, nice!


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