BCH/USDTPERP 2H (Binance) Falling wedge about to break-out

Bitcoin Cash is having a very similar pattern vs USDT, plus the channel support looks like it's holding.
So it could be a good Long opportunity as well, we are operating it in Binance Futures Tournament, set-up:
Buy Entry= 222.96 - 219.76
Take Profit= 229.96 | 239.56 | 254.76
Stop Loss= 212.76
Risk/Reward= 1:1 | 1:2.12 | 1:3.88
Expected Profit= 38.90% | 82.20% | 150.90%
Possible Loss= -38.90%
Margin Leverage= 10x
So it could be a good Long opportunity as well, we are operating it in Binance Futures Tournament, set-up:
Buy Entry= 222.96 - 219.76
Take Profit= 229.96 | 239.56 | 254.76
Stop Loss= 212.76
Risk/Reward= 1:1 | 1:2.12 | 1:3.88
Expected Profit= 38.90% | 82.20% | 150.90%
Possible Loss= -38.90%
Margin Leverage= 10x
Trade chiuso: stop raggiunto
Stopped and now just bounced to first target, too bad I wasn't able to create another long before. Next time!Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Always manage risk, respect leverage & position size!
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Auto trading channels using Cornix bot:
t.me/TradingOnCornix (3 TPs)
t.me/HedgeMeDerivatives (1 TP)
t.me/HedgeMeSpot (vs BTC)
Don't hesitate to send DM for more info.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.