Long
REN triangle breakout
Guys, it's pumpseason and I would say that the Ren is going to have another pump soon! ⛽
REN already broke up this triangle, so I think there is chance for run to 2.08 and even higher.⚡
Like👍 & Enjoy🍿!
REN already broke up this triangle, so I think there is chance for run to 2.08 and even higher.⚡
- ENTRY: local high @ 1.13087
- SL: local low @ 0.98501
- TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 2.08
- RRR: 6.5
- INVALIDATION: when SL level hit
Like👍 & Enjoy🍿!
Trade active
Order filledTrade closed: stop reached
Huge flushout across the market. Monitoring further for re-entry in case it was just headfake.Note
Hope you had proper SL🛑 in place if traded on leverage on Binance, otherwise that spike to 0 had to hurt!🔨
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.