Will WSM push upward to test 0,04 USDT again ?
This pair broke out of the triangle, retested it and made a move upward...
As a nest move I would expect a retest of the 0,5 fib at 0,265 USDT before moving up in al 3 drives pattern all the way back up to 0,04 USDT before any real retranchement.
A deep drop back down into the triangle below 0,0254 would invalidate this theory.
I'd put a SL at 0,025 for this trade with a TP1 at 0,034 and TP2 alt 0,04 USDT
Not trading advice,
DYOR
As a nest move I would expect a retest of the 0,5 fib at 0,265 USDT before moving up in al 3 drives pattern all the way back up to 0,04 USDT before any real retranchement.
A deep drop back down into the triangle below 0,0254 would invalidate this theory.
I'd put a SL at 0,025 for this trade with a TP1 at 0,034 and TP2 alt 0,04 USDT
Not trading advice,
DYOR
Order cancelled:
Invalidated, SL reached