BOBAUSDT Analysis - 28.04.23
Updated
Looking at BOBAUSDT, the 4H shows an interesting breakdown of the support. I'm looking for a short around the same horizontal support, marked in the video, to me this is simply a retest and the support will flip to resistance, a huge dump is loading if that's the case. Ellie if we go beyond and the support holds, I've indicated other points of interests to look for possible shorts.
With the current PA, I was able to count at leat 4 waves(1-4) and the 5th is missing. Will want to see it complete before taking a short position.
I'll update the parameters if my entry criteria fits.
entry triggers:
entry: 0.22210 - 0.2205
sl: 0.22755
tp: 0.2170, 0.21525, 0.21245
lev: 5x max
trade safe and with due diligence!!
With the current PA, I was able to count at leat 4 waves(1-4) and the 5th is missing. Will want to see it complete before taking a short position.
I'll update the parameters if my entry criteria fits.
entry triggers:
- clear count of 1-5
- support flips resistance
- waves a,b fully formed (shorting c)
entry: 0.22210 - 0.2205
sl: 0.22755
tp: 0.2170, 0.21525, 0.21245
lev: 5x max
trade safe and with due diligence!!
Trade active
tp1 hit, took out 50%, sl set to BETrade closed: target reached
the PA was smooth, final tp hit
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