moon333

Pundi X[new] broke out the triangle a good long opportunity

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BINANCE:PUNDIXUSDT   PUNDIX / TetherUS
Dear friends, the Pundi X has broken out the triangle on 4-hour chart, as the price action has re-tested the resistance of triangle as support and confirmed the breakout.

Sell targets:
The technical sell target as per the symmetrical triangle for this trade is $2.

Stop loss:
Stop loss is $1.60 as it is the recent swing low before the breakout.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade



Feragatname

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.