BCHUSD good opportunity here if price reached
Updated
Hi everyone,
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Good opportunity here in the 1h.
From 599.49 low, the first sequence is a leading diagonale that ends at 831.00. From there, the first sequence to 737.22 is truncated and failure to take out the high on 04/07/2018 would result in bchusd lower. If 737.22 fails to hold, we have a buy at 718.35-660.39, stop below 650.00 to discard bad spike.
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Kindly Remember to like the Idea if you feel it deserves it. It helps the channel and is greatly appreciated.
Good opportunity here in the 1h.
From 599.49 low, the first sequence is a leading diagonale that ends at 831.00. From there, the first sequence to 737.22 is truncated and failure to take out the high on 04/07/2018 would result in bchusd lower. If 737.22 fails to hold, we have a buy at 718.35-660.39, stop below 650.00 to discard bad spike.
Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.
Trade active
Entry triggered and we have a reaction within the equal leg area.Will protect position around 770ish
Comment
Going well. Risk free position now as planned.Trade closed: stop reached
stopped break even. looks heavy. will leave it for a while and see after dust settles.earlier today
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