Long

cocousdt

Updated
here is my thought process for cocousdt and the possible trades.

entry triggers:
  • channels/wedges(asc/rising)
  • resistance flipped support
  • 1-5 in channels
  • desc triangle/ symmetrical triangle with 5 waves(a-e)
  • break out


entry: mkt
sl: 1.799
tp: .382, .5, .618, .786, 1 (fib levels)
lev: 10x

NB: there is a possibility for shorting, I'll see how the market reacts after this move upwards is complete. The long trade becomes invalidated if the horizontal support is broken.
Trade active
Trade active
tp 1 and 2 hit,, stilll holding, moved sl to BE
Trade closed: stop reached
closed at BE
Chart PatternsTrend AnalysisWave Analysis

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