Introduction
Hello trading view! I am doing a post on CVCUSD, which might hit around 0.32$ soon. It broke out already while I wasn't watching, so I'm hoping for a retrace back down to about 0.2692$.
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Technical Analysis
An ascending triangle formed and was broken out of on the 30m timeframe. If there is a retrace to the upper trend line this could be a good trade. Here is the rest of the information concerning it:
Entry: 0.26928$
Target 1: 0.29010 (7.82%) (RR: 3.2)
Target 2: 0.30501 (13.10%) (RR: 4.93)
Target 3: 0.32058 (19.05%) (RR: 7.12)
Stop-loss: 0.26270 (2.44%)
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Final Thoughts
Lets see how this trade works out! Good luck and great trading everyone! (Links down below to past successful trades I've posted).
*not financial advice
Hello trading view! I am doing a post on CVCUSD, which might hit around 0.32$ soon. It broke out already while I wasn't watching, so I'm hoping for a retrace back down to about 0.2692$.
==============================================
Technical Analysis
An ascending triangle formed and was broken out of on the 30m timeframe. If there is a retrace to the upper trend line this could be a good trade. Here is the rest of the information concerning it:
Entry: 0.26928$
Target 1: 0.29010 (7.82%) (RR: 3.2)
Target 2: 0.30501 (13.10%) (RR: 4.93)
Target 3: 0.32058 (19.05%) (RR: 7.12)
Stop-loss: 0.26270 (2.44%)
=============================================
Final Thoughts
Lets see how this trade works out! Good luck and great trading everyone! (Links down below to past successful trades I've posted).
*not financial advice
Trade active:
Target 1: Reached!
Trade closed: target reached:
All the target's have been hit!
