FARM/USDT: Awaiting Breakout and Confirmation for Entry
FARM/USDT is on the cusp of a potential breakout. The strategy is to wait for a clear break above the current resistance, followed by confirmation on a lower timeframe. This confirmation will be our cue for an approximate entry point. We’re targeting substantial gains with a precise stop loss to maintain a 3:1 risk/reward ratio. Stay tuned for the breakout and confirmation signal to enter the trade.
Order cancelled
No breakout and new lower low.
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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.