AAVE seems to be getting ready to break up this triangle📐 and if successful I think there is chance for run to 494 and even higher.
- ENTRY: local high @ 415.5
- SL: local low @ 400
- TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 494
- RRR: 5.2
- INVALIDATION: when SL level hit
Comment:
Leaving the BUY STOP-LIMIT order in place, monitoring closely. New SL would be 397, new TP 493, RRR slightly worse, but still good.
Order cancelled:
Price dropped even lower, and I cancelled the order, as now the RRR is not good enough for me anymore.