KAVA has a very good R2R trade idea. Currently they are 3 main patterns which mix in different timeframes.
1) In 1D KAVA is in big H&S pattern and "blue" line in chart is the resistance zone. IF this breaks will be the best scenario. 2) On 4 HRs frame we have a good trendline which holds the current move from 24th. If this holds in next few days will be good indicator 3) Again on 4 HRs we have resistance line which mix very well with 1D H&S pattern. I want to see this breaks
Trade will be like: Entry: After break and retrace to H&S resistance line Exit: 2.1+ (even higher if BTC holds) SL: ~1.82 Overall 2:1 R2R
Handel aktiv
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Trade is active. I personally got into market with limit order at 1.82 EUR. My SL is 1.78 Current price ~1.94 Target 1) 2 EUR Target 2) 2.1+ EUR Target 3) 2.2 EUR
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Target 1 - reached! Target 2 - in progress!
Trade stängt: målet nått
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Target 2 reached! Target 3 was stopped!
For me personally I exit 30% on Target 1 and 40% on Target 2. My last portion got stopped with SL. Overall very successful trade!