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

7 Ara 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 Ara 2018

İşlem aktif

7 Ara 2018

Not

7 Ara 2018

Not

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

8 Ara 2018

Not

8 Ara 2018

Not

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 Ara 2018

Not

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

8 Ara 2018

Not

8 Ara 2018

Not

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

9 Ara 2018

Not

9 Ara 2018

Not

Possible double bottom forming

11 Ara 2018

Not

13 Ara 2018

Not

13 Ara 2018

Not

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

14 Ara 2018

Not

14 Ara 2018

Not

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 Ara 2018

Not

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 Ara 2018

İşlem kapandı: hedefe ulaştı

16 Ara 2018

Not

18 Ara 2018

Not

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 Ara 2018

Not

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