Multiple Trades | First "Fine" Analysis Since a While | SUNUSDT
Didn't post any setups or ideas in a while. When I was just looking at some "younger" crypto charts, I've came across this pair "SUNUSDT". It imediately looked like a descending triangle to me ( with down sloping supply line) But I also found 1 (or even 2) potential bearish harmonic patterns (Cypher and/or Shark)
These patterns could be traded by going long/buy as close to point C, then close the position around point D. The most important and significant trade will follow!
If there is a bearish harmonic formed at those prices, a good entry point to go short will be as close to point D as possible. Stop loss could be set very tight, although this is personal preference.
If every aspect of this setup is going as planned, the odds are even greater that this last move will happen. Don't forget to take profit along the way downside. My final TP will be around 0.016
If there is a viewer that might be reading this, please let me know what you think. I love feedback, as much as I can get! Everyone can feel free to follow and/or contact me on Tradingview.
Happy Trading, Stay healthy
Dan26Trading
These patterns could be traded by going long/buy as close to point C, then close the position around point D. The most important and significant trade will follow!
If there is a bearish harmonic formed at those prices, a good entry point to go short will be as close to point D as possible. Stop loss could be set very tight, although this is personal preference.
If every aspect of this setup is going as planned, the odds are even greater that this last move will happen. Don't forget to take profit along the way downside. My final TP will be around 0.016
If there is a viewer that might be reading this, please let me know what you think. I love feedback, as much as I can get! Everyone can feel free to follow and/or contact me on Tradingview.
Happy Trading, Stay healthy
Dan26Trading
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