BCHSV What's Next?: Strong Ascending triangle + Trading Plan

TRADING STRATEGIC .
$BINANCE:BCHSVUSDT

Study Range:
-Chart Time frame: 1H
-Timeframe 4H-1D

TRADE MANAGEMENT:

Trade entry: 105.50~106.50 (Blue Rectangle)
Stop Loss: 104.95.

-Targets:

Moon: 125.30

Risks/Rewards:
-Risk/Reward Ratio: 39.38
-Risk per trade: 0.47%

עסקה פעילה

הערה

הערה

reversal pattern, I did my best to fit them into the pattern. interesting trend projection

הערה

SV is preparing for its next big move, if we break to the upside 104.00 and 110.00 are my targets if we break the channel trend-line I will be looking to buy at the next support lvl.

הערה

we still doing some sideways consolidation. however cycles are oversold.

הערה

follow up of the XABCD pattern, just for learning purpose.

הערה

Possible double bottom forming

הערה

be aware of the descending triangle and its target, if we break market structure it could get ugly for SV

הערה

I will be re-entering tehe trade around 62 to 65 and i will trade that support bounce mean while ill be waiting on the side lines.

הערה

BCHSV Has successfully bounce from 64.00 and has broken the top of the channel, i could expect some consolidation and then a small upward correction before continuation of the down trend.

עסקה סגורה: היעד הושג

הערה

SV is trading above 1 of the resistances. if SV cant to break purple channel we could potentially go down. Here is the two potential scenarios

הערה

SV has surpass resistance now facing a major down trend. I will be watching to see how react to this levels

vfxvictor

פרסומים קשורים

BCHSV Double Bottom

מאת ‎vfxvictor‎

כתב ויתור

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