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EOS/BTC 12H (Binance) Falling wedge breakout & ready to fly

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EOS is looking ready to retrace after this clear breakout.
We can see how Price Action respected EMA20 (red one) in both uptrend and downtrend.
If we close above it, we are definitely bullish but I'm expecting a retest that's why I put a lower entry:

Buy Entry= 0.0004176 - 0.0004116
Take Profit= 0.0004394 | 0.0004748 | 0.0005000
Stop Loss= 0.0003897

Risk/Reward Ratio= 1:1 | 1:2.42 | 1:3.43
Expected Profit= 6.01% | 14.52% | 20.60%
Possible Loss= -6.01%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x | 3x | 5x
Trade ativo
Entry hit.
Nota
Perfect pullback and bounced from wedge resistance became support, keep holding!
Trade fechado: stop atingido
SL hit with -6.01%, I will look for a better entry soon!

Aviso legal

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