$COMP/USDT 1h (Binance Futures) Descending trendline breakout

٢٠ مايو ٢٠٢١

Compound is looking ready for recovery after that local break-out.

Current Price= 494.81
Buy Entry = 497.60 - 473.70
Take Profit= 567.50 | 617.90 | 688.90
Stop Loss= 430.91

Risk/Reward= 1:1.5 | 1:2.42 | 1:3.71
Expected Profit= +33.70% | +54.46% | +83.70%
Possible Loss= -22.54%

Fib. Retracement= 1 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 3 days

٢٠ مايو ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

TP1 reached +30.98% (2x) and +1.5R

Compound bounced nicely and hit first target here at 50MA retest!

٢١ مايو ٢٠٢١

ملاحظة

Back to entry

Compound lost 50MA support and dipped back to buy zone.
You can stick with original SL but be aware that PC bot would close if 2nd entry is crossed (473.70$)