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28 אוק׳ 2018 18:32

BCHUSD: 1 hour bullish divergence but on a decending triangle?! לונג

תיאור

One of the more interesting charts up lately.

So we have 2 conflicting signals:
Descending triangle
1 hour bull div

Naturally trend line > divergence of price with momentum oscillators like the RSI.

You can either enter the trade and hope it breaks up that triangle with a VERY tight stoploss.
OR
You can enter after it breaks above the trendline/descending-triangle.

Option #2 is the safer one because your theory is then validated, but has a larger stoploss because now you are much further from that support area.
Option #1 is the riskier path, you take the trade, AGAINST a descending triangle, your stoploss is shorter, and maybe that decending triangle is just wave 4 if you do an elliot wave analysis.

הערה

Testing trendline.
תגובות
WealthHustler
hmm
עוד