ADAUSDT 🔥 Ascending Triangle Reversal Pattern
As you can see price has been in a downtrend for a while but for now we can clearly see an ascending triangle pattern that oftentimes lead to a trend reversal.
My trading plan is laid out clearly in the chart. You can see TPs and SL as well as the best entry point. You can either wait for the breakout of this pattern or even a breakout and re-test approach whichever your style is.
The most important thing, NEVER risk more than 3% of your entire capital on a single trade. Master risk management and become profitable this way in the long run.
Happy Trading!
Kina 🔥
My trading plan is laid out clearly in the chart. You can see TPs and SL as well as the best entry point. You can either wait for the breakout of this pattern or even a breakout and re-test approach whichever your style is.
The most important thing, NEVER risk more than 3% of your entire capital on a single trade. Master risk management and become profitable this way in the long run.
Happy Trading!
Kina 🔥
Trade closed: target reached:
All Targets MET, awesome trade! GG