WineTrader888

OMG Short XABCD Bearish BAT

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WineTrader888 Cập nhật   
KRAKEN:OMGUSD   OmiseGO
1. XABCD Bearish BAT Pattern in final CD move towards area shown in chart.
2. There is heavy historical resistance at this level too. Check the chart and draw your own resistance lines to confirm.
3. XABCD Bearish BAT Pattern confirms the heavy resistance possibility.
4. Make sure to set stop loss accordingly.
5. Speculative setup, please do your own analysis before trading.
6. I am not licensed to provide financial advice. Trade at your own risk!

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WineTrader888
Bình luận:
Breakout Happened but pullback is quite strong and it has formed a bearish ABCD pattern on the 4 hour chart. Therefore it can drop further down to 2.4 levels. I suggest moving Stoploss closer to entry and try to exit if you havent yet.
Giao dịch đang hoạt động:
Take some profits now and move the final TP to a higher level than indicated on my chart. This is because I believe we are going into Alt Season now so the market will be more bullish than bearish. Do not try to take profits like how my chart indicates because more than likely OMG will not drop that low.
Bình luận:
Take all Profits Now!
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