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XMR triangle breakout
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Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle📐 and now still backtesting it's upper edge. I just bought as I think there is chance to reclaim the previously broken triangle lower edge and then the price could surge to 203.5 target and even higher.
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Have this draw for week or so just didn't post but now is the time I guess! Orange trendline added. Monero broke up this triangle📐 and now still backtesting it's upper edge. I just bought as I think there is chance to reclaim the previously broken triangle lower edge and then the price could surge to 203.5 target and even higher.
- ENTRY: local high @ 174.2
- STOPLOSS (SL): local low @ 167.0
- TARGET (TP): height of the triangle projected from midpoint of the local range @ 203.5
- REWARD RISK RATIO (RRR): 4.0
- INVALIDATION: when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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