BCHSV/USDT 33% Gain
Updated
TRADING STRATEGIC
Chart Analysis: 15M-1H-4H-1D
I've watched how BINANCE:BCHSVBTC has been forming a continuation pattern, It could be interpreted either as symmetrical or ascending triangle, it also looks like StochRSI (15M and 1H Chart) is ready to move up for what I consider a 5th Elliott wave or C from a bigger correction.
Trade Management:
Target:
I usually have several targets(they are posted in my previous posts), but for this time ill just post one I calls Neptune if you zoom out the chart you will be able to see it.
Target: 120.00
Chart Analysis: 15M-1H-4H-1D
I've watched how BINANCE:BCHSVBTC has been forming a continuation pattern, It could be interpreted either as symmetrical or ascending triangle, it also looks like StochRSI (15M and 1H Chart) is ready to move up for what I consider a 5th Elliott wave or C from a bigger correction.
Trade Management:
- Trade entry: 92.00
- Stop Loss: 90.00
- Risk/Reward Ratio: 14.48
Target:
I usually have several targets(they are posted in my previous posts), but for this time ill just post one I calls Neptune if you zoom out the chart you will be able to see it.
Target: 120.00
Note
Big Picture I messed up the target name, we are heading to PlutoTrade active
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Double Bottom or W pattern has formed. I used it as a Confirmation !
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Note
5M Chart: I was waiting this rally to go at least until 113.00 but couldn't break 108.91, it looks like momentum is shifting, so I got out at 107.15. I will stay on the side observing price action, i need to be convince that we are going to break 108.91 resistance and trade above it. PS: AO indicator is not showing strength.
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Note
15M Chart: I just want to point out TD sequential is a 9 I would be looking 4 to 9 candles correction. In addition, Stoch RSI has sent a sell signal.Note
Note
1H Chart: its showing a green 9 on the TD sequential system, at showing it in a KEY level. AO: starting to reversal to 0.Note
I went to out for 10 min and the start to really, got back in with small size position, knowing the risk. I started trading and sell at 115. Im going to sleep happy that I could get some more juice from this.Note
Trade closed manually
Trade closed manually
We just arrived to Pluto Cheezzz
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