VECHAIN - Buy Opportunity - 36% ROI - 3.8:1 Risk/Reward
Updated
Reasons why I will enter a short term long position using a stop-limit order:
1. Breakout triangle forming at base of consolidation zone
2. Tight squeeze with previous failed breakouts
3. High return on investment (36%) with 3.8:1 risk/reward
4. Similar break out pattern forming on the VENETH pair
Enjoy.
You can now follow me on Steemit: steemit.com/@crypto-toast
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
1. Breakout triangle forming at base of consolidation zone
2. Tight squeeze with previous failed breakouts
3. High return on investment (36%) with 3.8:1 risk/reward
4. Similar break out pattern forming on the VENETH pair
Enjoy.
You can now follow me on Steemit: steemit.com/@crypto-toast
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
Trade active
Price action looks a little shaky. Ensure stops in place.Note
Good time to halve the risk or move to bENote
No real volume here so lock in a free trade with stops at BETrade closed: stop reached
Out for break evenNote
Kicking myself on this trade as i went to BE too early.
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