TradingOn

$WAVES/USDT 1h (Binance Futures) Descending trendline regained

Long
TradingOn Updated   
Waves broke bullish and is supported by 50MA as well, time to scalp it!

Current Price= 9.9358
Buy Entry= 10.0052 - 9.7050
Take Profit= 10.8847 | 11.9343 | 13.4197
Stop Loss= 9.1684

Risk/Reward= 1:1.5 | 1:3.03 | 1:5.19
Expected Profit= +31.35% | +63.30% | +108.51%
Possible Loss= -20.91%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 3x
Estimated Gain-time= 5 days
Trade closed: target reached:
TP1 reached with +31.35% (3x) and 1.5R

Waves achieved to hold the TL & 50MA support then broke-out bullish again, way to go! 🌊


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.