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$COMP/USDT 6h (Binance Futures) Falling wedge facing resistance

Compound is surely down-trending, normally we would try to long here, but since it did not break-out yet better go with the flow!
Current Price= 385.77
Sell Entry= 385.40 - 385.40
Take Profit= 323.11 | 266.67 | 216.61
Stop Loss= 457.12
Risk/Reward= 1:1.25 | 1:2.19 | 1:3.03
Expected Profit= +18.70% | +32.90% | +45.50%
Possible Loss= -15.02%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Current Price= 385.77
Sell Entry= 385.40 - 385.40
Take Profit= 323.11 | 266.67 | 216.61
Stop Loss= 457.12
Risk/Reward= 1:1.25 | 1:2.19 | 1:3.03
Expected Profit= +18.70% | +32.90% | +45.50%
Possible Loss= -15.02%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Always manage risk accordingly, respect leverage and position size!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Auto trading channels (using Cornix bot):
t.me/TradingOnCornix
t.me/HedgeMeDerivatives
t.me/HedgeMeSpot
Don't hesitate to DM for more info!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.