$RLC/USDT 1D (Binance Futures) Falling wedge breakout

Aug 4, 2021

iExec RLC is set for reversal after that clear bullish breakout, on Low TF we can see some continuation pattern as well!

Current Price= 3.3431
Buy Entry = 3.2827 - 2.8957
Take Profit= 4.2813 | 5.0878 | 6.5044
Stop Loss= 2.2919

Risk/Reward= 1:1.5 | 1:2.51 | 1:4.28
Expected Profit= +38.59% | +64.70% | +110.55%
Possible Loss= -25.81%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1.5 months

Aug 5, 2021

Trade active

First entry filled

iExec RLC just retested the small wedge and bounced back, looks good for a move-up!

Aug 17, 2021

Trade closed: target reached

TP1 reached with +38.59% and +1.5R

iExec RLC kept up-trending after breaking out of the continuation pattern.
SL adjusted to lowest entry (2.8957$) to secure the trade and let it go!

Aug 26, 2021

Trade closed: target reached

TP2 reached with +64.70% and +2.51R

What a run for iExec RLC, steady up-trend fetching up to +70.28% profit!
SL adjusted to first entry (3.282$) to secure the trade and let it go.

Nov 4, 2021

Trade closed: target reached

RRLC/USDT 1D: TP3 reached with +110.55% and +4.28R

After retesting the entry a few times, #iExecRLC bounced back and hit final target this time!