$YFI/USDT 2h (Binance Futures) Falling wedge breakout

yearn.finance has broken out and is likely to pull-back to 50MA before continuing bullish.

Current Price= 28094
Buy Entry = 27603 - 27023
Take Profit= 28953 | 30042 | 31665
Stop Loss= 25997

Risk/Reward= 1:1.25 | 1:2.07 | 1:3.31
Expected Profit= +24.00% | +39.96% | +63.72%
Possible Loss= -19.28%

Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 4x
Estimated Gain-time= 1 week

Trade ist aktiv:

First entry filled

Yearn.Finance hit several times the demand zone and is preparing for next move!

Trade geschlossen: Ziel wurde erreicht:

TP3 reached with +63.72% (4x) and +3.31R

Yearn.Finance bounced perfectly then broke all the local resistances regaining 200MA support!
Unfortunately, PC bot was off-line when entry was filled (3 times...) so only profit for manual traders.