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EthanTW

MKR target rising channel

Short
MKR / TetherUS (BINANCE:MKRUSDT)  
EthanTW  
BINANCE:MKRUSDT   MKR / TetherUS
Trend Analysis Chart Patterns Wave Analysis MKRUSDT mkrusdtanalysis mkrusdtp mkrusdtidea mkrusdtsignal mkrusdtsignals mkrusdttrade mkrusdtshort MKRUSDTPERP
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trendanalysis chartpattern waveanalysis mkrusdt mkrusdtanalysis mkrusdtp mkrusdtidea mkrusdtsignal mkrusdtsignals mkrusdttrade mkrusdtshort mkrusdtperp
4h time frame
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MKR creating a rising channel also can be regarded as bearish flag.
According to fibonacci retracement and structural support, the target could be set at 1160.
This trading plan has 2.5 risk to reward ratio.
TP: 1160
SL: 1332
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