BCHSV What's Next?: Strong Ascending triangle + Trading Plan

7 thg 12, 2018

TRADING STRATEGIC .
$BINANCE:BCHSVUSDT

Study Range:
-Chart Time frame: 1H
-Timeframe 4H-1D


TRADE MANAGEMENT:

• Trade entry: 105.50~106.50 (Blue Rectangle)
  
• Stop Loss: 104.95.
  

-Targets:

• Moon: 125.30

Risks/Rewards:
-Risk/Reward Ratio: 39.38
-Risk per trade: 0.47%

7 thg 12, 2018

Giao dịch đang hoạt động

7 thg 12, 2018

Ghi chú

7 thg 12, 2018

Ghi chú

reversal pattern, I did my best to fit them into the pattern. interesting trend projection

8 thg 12, 2018

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8 thg 12, 2018

Ghi chú

SV is preparing for its next big move, if we break to the upside 104.00 and 110.00 are my targets if we break the channel trend-line I will be looking to buy at the next support lvl.

8 thg 12, 2018

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we still doing some sideways consolidation. however cycles are oversold.

8 thg 12, 2018

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8 thg 12, 2018

Ghi chú

follow up of the XABCD pattern, just for learning purpose.

9 thg 12, 2018

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9 thg 12, 2018

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Possible double bottom forming

11 thg 12, 2018

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13 thg 12, 2018

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13 thg 12, 2018

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be aware of the descending triangle and its target, if we break market structure it could get ugly for SV

14 thg 12, 2018

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14 thg 12, 2018

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I will be re-entering tehe trade around 62 to 65 and i will trade that support bounce mean while ill be waiting on the side lines.

15 thg 12, 2018

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BCHSV Has successfully bounce from 64.00 and has broken the top of the channel, i could expect some consolidation and then a small upward correction before continuation of the down trend.

16 thg 12, 2018

Đóng lệnh: đạt mục tiêu

16 thg 12, 2018

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18 thg 12, 2018

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SV is trading above 1 of the resistances. if SV cant to break purple channel we could potentially go down. Here is the two potential scenarios

19 thg 12, 2018

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SV has surpass resistance now facing a major down trend. I will be watching to see how react to this levels