Since I haven't been following or trading Cardano for some time, I have no fundamental data to chase the technicals here. Trade is based on raw pattern identification. Typically I would say to place stops below X, but in this instance it might make the R/R unfavorable for the trade, so use your best judgement based on support levels. For more information on what the Gartley Advanced Pattern is and/or how to trade it, see below. In a two target set up, PRZs are identified on the chart. Best of luck!
This trade has languished, failing to reach even our first target at .382. At this point I couldn't claim any future movement at having correlation with the trade pattern. For that reason I'm calling this one a dud and closing the trade. Will look for another entry once we have more volatility and hopefully, another pattern.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.