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Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.
ENTRY: @ 0.06270
STOPLOSS (SL): local high @ 0.06093
TARGET (TP): height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR): 3.3
INVALIDATION: when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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Finally lifting up? Check how price glided down on the triangle upper edge repeatedly backtesting it until it fired up.
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Boom! Target hit! 🎯
İşlem kapandı: hedefe ulaştı
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Check the strong rejection after reaching the taget. Price dropped back down to the local range midpoint @ 0.06188 to retest it. Support found and TRX bounced up...
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...and price went straight to the target again! TRX looks strong. Stay tuned ... new TRX setup coming soon!
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.