AVAX approaching key confluence:
50% retracement of 27.13-43.60 move
100% Fibonacci extension of recent ABC down-movement
Targeting another swing higher:
Entry limit : 35.86
Stop-Loss: 32.30
Take Profit 1: 38.13
Take Profit 2: 48.51
Risk:Reward: 1:2
Remember, this is not financial advice. DYOR and trade responsibly.
50% retracement of 27.13-43.60 move
100% Fibonacci extension of recent ABC down-movement
Targeting another swing higher:
Entry limit : 35.86
Stop-Loss: 32.30
Take Profit 1: 38.13
Take Profit 2: 48.51
Risk:Reward: 1:2
Remember, this is not financial advice. DYOR and trade responsibly.
Comment:
Update: T1 moved to 37.89
Trade active:
T1 hit at 37.89.
SL remaining position moved to 35.11
Trade is risk free.
SL remaining position moved to 35.11
Trade is risk free.
Trade closed: stop reached:
Trade closed at BE.