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TRX triangle breakout

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Tron broke up this triangle📐 and now backtested it's upper edge. I think there is chance for run to 0.06905 and even lower. Buying here makes sense to me.

ENTRY: @ 0.06270
STOPLOSS (SL): local high @ 0.06093
TARGET (TP): height of the triangle projected from midpoint of the local range @ 0.06905
REWARD RISK RATIO (RRR): 3.3
INVALIDATION: when SL 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.

ノート

Finally lifting up? Check how price glided down on the triangle upper edge repeatedly backtesting it until it fired up.

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Boom! Target hit! 🎯

トレード終了: 利益確定目標に到達

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Check the strong rejection after reaching the taget. Price dropped back down to the local range midpoint @ 0.06188 to retest it. Support found and TRX bounced up...