TradingOn

#YFIUSDT #4h (OKX Futures) Falling wedge breakout

Long
TradingOn Updated   
OKX:YFIUSDT.P   YFIUSDT Perpetual Swap Contract
Yearn Finance regained 100EMA support then pulled back to it after forming a dragonfly doji, looks like bullish continuation is in play.

⚡️⚡️ #YFI/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Long)
Leverage: Isolated (9.0X)
Amount: 4.9%

Current Price:
7065

Entry Targets:
1) 7056

Take-Profit Targets:
1) 7374

Stop Targets:
1) 6897

Published By: @TradingOn

YFI YFIUSDT.P #YearnFinance #DeFi yearn.fi

Risk/Reward= 1:2.0
Expected Profit= +40.6%
Possible Loss= -20.3%
Estimated Gaintime= 1 week
Trade active:
OKX Futures
YFIUSDT.P All entry targets achieved
Average Entry Price: 7056 💵

YFI dipped to 200MA support and seems likely to print a bullish hammer above it.

Trade closed: stop reached:
OKX Futures
YFIUSDT.P Stop Target Hit ⛔️
Loss: 20.2806% 📉

YFI got dumped with all the market, SL prevented us for more loss.


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.