KMDBTC triangle breakout textbook trade opportunity

TA:

  • finishing 5th subwave of 1st wave
  • triangle breakout and test with 61.8% retracement

FA:

  • nil

TP:

  • will take 50% profit for 1st tp
  • 2nd tp will exit based on the lower tf trend breakout.

Conclusion:
-Overall still a good trade and textbook trade based on chart pattern.

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