APT/USDT: Watch for False Break, Enter on 1-2-3 Reversal Pattern
APT/USDT is teetering on a support level, with a projected price movement in anticipation. A potential strategy is to observe the support for a potential breach, wait for a false break and a price recovery, and then execute a trade based on the classic 1-2-3 reversal pattern to capitalize on the upward trajectory. The projection targets a 23.76% gain with a risk/reward ratio of approximately 3.04. Entry should be timed post-recovery for optimal trade positioning.
Note
Level is brokenNote
False breakout confirmedNote
Still no tradeOrder cancelled
No trade. Idea cancelled.
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Disclaimer
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.