kingretep

ICN breakout swing trade with 100% target

KRAKEN:ICNUSD   None
4 minutes ago
You'll know this breakout pattern well now. I'm trading with the belief that the markets can do anything at any time. I don't pretend to think I'm clever enough to know what will happen next. This point of view has actually improved my trading as any outcome is accepted, pre-considered and appreciated.

If you believe that then where's your edge? Well, if you've seen patterns play out over an over again in crypto then probability suggests it's likely to play out again. Here you have one of the remaining alt majors (okay, not quite a major but you get what I mean, it hasn't just hit the exchanges this week) that hasn't yet broken it's all time high and is almost ready to test it. It's one of the highest probability trades in crypto.

Entry $3.9
Target $10
Stop $3.5

That's a decent RRR 0.91% for this trade. Good luck if you take it!
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