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Stargate Finance broke down this triangle📐 and I think there is chance for drop to 0.21 which would mean -40% loss of value. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY: local low @ 0.3532
STOPLOSS (SL): local high @ 0.3769
TARGET: height of the triangle projected from midpoint of the local range (SELL LIMIT - SL) @ 0.21
REWARD RISK RATIO (RRR): 6
INVALIDATION: when STOPLOSS level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
액티브 트레이드
Order filled ✔️
거래청산: 스탑 닿음
Stoploss hit 🛑 Maybe breaking to the other side (upside) or may just get broader triangle before downside breakout.