$AAVE/USDT 3h (Binance Futures) Bullish pennant breakout

Aave is looking ready for bullish continuation after that clear breakout.

Current Price= 533.409
Buy Entry= 531.654 - 511.390
Take Profit= 602.332 | 676.492 | 769.180
Stop Loss= 467.793

Risk/Reward= 1:1.5 | 1:2.88 | 1:4.61
Expected Profit= +31.00% | +59.42% | +94.98%
Possible Loss= -20.60%

Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 2x
Estimated Gain-time= 240h

Trade attivo:

All entries filled

Unfortunately Aave dipped more after that and original SL would have been hit.
But since PC bot did not close on that wick down, I just updated it to 448.852!
If you are still in you can do the same, R/R ratio is 1:1.11 now for TP1.

Trade chiuso: stop raggiunto:

SL hit with -27.86% (2x) and -1.35R

Well, 100EMA did not hold and Aave dumped during the night with all market.
Too bad for our long, we will try to catch it another time!