Avalanche broke up this triangle📐 and I think there is chance for run to 19.43 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY: local high @ 17.34
STOPLOSS (SL): local low @ 16.06
TARGET (TP): height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 19.43
REWARD RISK RATIO (RRR): 1.63
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.
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