APECOIN broke up this triangleš and I think there is chance for run to 20.5 and even higher. Setting BUY LIMIT order to previous range high to catchš£ the pullback.
ENTRY: local high @ 13.57
STOPLOSS (SL): local low @ 10.9
TARGET (TP): TARGET1 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 20.5; TARGET2 - Resistance @ 26.5
ā ļøDisclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Note
The blue path projection in the original interactive chart got screwed up for some reason (this TV bug I already experienced with other idea). Just look at the pic below how it should actually look like š
Trade closed: target reached
Target hit šÆ
Trade closed: target reached
2nd Target hit šÆšÆ I'm out
Note
After hitting the TARGET2 APE got hammered and went down to test the white uptrendline. I think price is consolidating before next move. Will post new idea soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.