WAN Signal by Rocket-Pro
Updated
Wan is evolving in an ascending triangle configuration, on its support.
Why open a long position ?
Buy : Current price
T1 : 5850 (<50% Fib)
T2 : 6060 (61.8% Fib)
T3 : 6380 (< old resistance)
Stop : under the triangle depending on your risk aversion
You may take 33% of your profit at each target or move the stop-loss accordingly to ensure the maximum profit !
Why open a long position ?
- StochRSI oversold
Price are on oblique support
Ascending triangle configuration
Sign of reversal on CCI
Buy : Current price
T1 : 5850 (<50% Fib)
T2 : 6060 (61.8% Fib)
T3 : 6380 (< old resistance)
Stop : under the triangle depending on your risk aversion
You may take 33% of your profit at each target or move the stop-loss accordingly to ensure the maximum profit !
Trade active
Target 1 reached +2.27%, hope you booked some profit ! Still has room for higher targets though
Note
Target 2 reached +5.94%, you may move your stop-loss above your entry price if you are still in position !
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