ADA Update
Ada has broken out of the symmetrical triangle to the upside creating a new high and creating a break of supply with higher volume showing buyer intension.
Daily look good with nice marubozu candles with little sell side pressure, would like to see a retest of the outer triangle to confirm upwards intention and continuation.
I posted this long setup back on October 13th with a sniper entry on the lower structure of the triangle based on my TA and the formation of higher highs and within a demand zone for a bullish continuation.
Currently running in 2R profit, you could look to take profits here to become risk free and leave the rest running.
Ada has broken out of the symmetrical triangle to the upside creating a new high and creating a break of supply with higher volume showing buyer intension.
Daily look good with nice marubozu candles with little sell side pressure, would like to see a retest of the outer triangle to confirm upwards intention and continuation.
I posted this long setup back on October 13th with a sniper entry on the lower structure of the triangle based on my TA and the formation of higher highs and within a demand zone for a bullish continuation.
Currently running in 2R profit, you could look to take profits here to become risk free and leave the rest running.
