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

7 dic 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 dic 2018

Trade attivo

7 dic 2018

Nota

7 dic 2018

Nota

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

8 dic 2018

Nota

8 dic 2018

Nota

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 dic 2018

Nota

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

8 dic 2018

Nota

8 dic 2018

Nota

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

9 dic 2018

Nota

9 dic 2018

Nota

Possible double bottom forming

11 dic 2018

Nota

13 dic 2018

Nota

13 dic 2018

Nota

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

14 dic 2018

Nota

14 dic 2018

Nota

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 dic 2018

Nota

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 dic 2018

Trade chiuso: obiettivo raggiunto

16 dic 2018

Nota

18 dic 2018

Nota

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 dic 2018

Nota

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