bizmark

MANA breakout

Long
bizmark Updated   
BINANCE:MANAUSDT   Decentraland / TetherUS
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Decentraland broke up this triangle📐 and I think there is chance for run to 0.8455 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback. The white uptrendline could be a good guide.
  • ENTRY: local high @ 0.7969
  • STOPLOSS (SL): local low @ 0.7817
  • TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 0.8455
  • REWARD RISK RATIO (RRR): 3.2
  • 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.
Trade active:
Order filled ✔️
Trade closed: stop reached:
Stoploss hit 🛑. We are back inside the triangle.

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