DOT triangle breakout

24 giu 2022

Pokadot seems to be ready to break up this triangle📐 and if successful I think there is chance for run to 10.25 and even higher. Just bought...

• ENTRY: local high @ 8.10
  
• STOPLOSS (SL): local low @ 7.80
  
• TARGET (TP): height of the triangle projected from midpoint of the local range (BUY - SL) @ 10.25
  
• REWARD RISK RATIO (RRR): 7.1
  
• 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.

24 giu 2022

Nota

*Polkadot, typo...

25 giu 2022

Trade chiuso: stop raggiunto

Stoploss hit 🛑

26 giu 2022

Nota

Setup revised, I think this could be what is going on. Will try to re-entry on the potential pullback to trendline @ 8.08. New target @ 9.87, new stoploss @ 7.76, RRR 5.6