REN triangle breakout

Apr 15, 2021

Guys, it's pumpseason and I would say that the Ren is going to have another pump soon! ⛽
REN already broke up this triangle, so I think there is chance for run to 2.08 and even higher.⚡

• ENTRY: local high @ 1.13087
  
• SL: local low @ 0.98501
  
• TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 2.08
  
• RRR: 6.5
  
• INVALIDATION: when SL level hit
  

Like👍 & Enjoy🍿!

Apr 16, 2021

Trade active

Order filled

Apr 18, 2021

Trade closed: stop reached

Huge flushout across the market. Monitoring further for re-entry in case it was just headfake.

Apr 19, 2021

Note

Hope you had proper SL🛑 in place if traded on leverage on Binance, otherwise that spike to 0 had to hurt!🔨