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BALUSDT - Harmonic Cypher Pattern on 4H Chart
BAL / TetherUS PERPETUAL CONTRACT
Long
BALUSDT - Harmonic Cypher Pattern on 4H Chart
By koklucinar
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Updated
Jul 12, 2021
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Jul 9, 2021
Hey Guys,
On 4H chart of BAL USDT Perpetual, there's a bullish cypher harmonic pattern shaped.
Suggestion follows as below;
Entry: Around 22 (In the green zone, if possible)
SL: Very close to but just below point D in the chart (21.15 area)
Target 1: Fibo 0.768 - (24.80 area) Profit Suggestion: Sell %40 of your position
Target 2: Fibo 1.000 - (26.40 area) Profit Suggestion: Sell %20 of your position
Target 3: Fibo 1.270 - (28.30 area) Profit Suggestion: Sell %20 of your position
Target 4: Fibo 1.618 - (30.80 area) Profit Suggestion: Close Entirely
PS: No financial advise, always DYOR!
Jul 12, 2021
Trade closed: stop reached
Price moved below point D. Trade hit stop loss and closed.
balancer
BALUSD
balusdlong
balusdperp
BALUSDT
balusdtlong
BALUSDTPERP
balusdtperplong
Harmonic Patterns
Technical Indicators
Trend Analysis
koklucinar
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