$YFI/USDT 1h (Binance Futures) Falling wedge breaking out

Yearn.finance is looking bullish again, let's scalp the break-out!

Current Price= 29695.6
Buy Entry= 29702.4 - 29340.2
Take Profit= 31037.9 | 32369.3 | 34772.9
Stop Loss= 27964.7

Risk/Reward= 1:1 | 1:1.87 | 1:3.43
Expected Profit= +10.42% | +19.44% | +35.74%
Possible Loss= -10.42%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 120h

تم فتح الصفقة:

All entries filled

تعليق:

Went lower than expected

YearnFinance felt back inside the wedge, not looking too promising right now but I'll stick to the plan.

تعليق:

And it bounced

YearnFinance is going up at last, let's reach some target now!
Also, you can start taking some partial profit here if you entered too big...