BCHSV/USDT 33% Gain

TRADING STRATEGIC

Chart Analysis: 15M-1H-4H-1D

I've watched how BINANCE:BCHSVBTC has been forming a continuation pattern, It could be interpreted either as symmetrical or ascending triangle, it also looks like StochRSI (15M and 1H Chart) is ready to move up for what I consider a 5th Elliott wave or C from a bigger correction.

Trade Management:

• Trade entry: 92.00
  
• Stop Loss: 90.00
  
• Risk/Reward Ratio: 14.48
  

Target:
I usually have several targets(they are posted in my previous posts), but for this time ill just post one I calls Neptune if you zoom out the chart you will be able to see it.
Target: 120.00

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Big Picture I messed up the target name, we are heading to Pluto

Handel aktiv

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Double Bottom or W pattern has formed. I used it as a Confirmation !

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5M Chart: I was waiting this rally to go at least until 113.00 but couldn't break 108.91, it looks like momentum is shifting, so I got out at 107.15. I will stay on the side observing price action, i need to be convince that we are going to break 108.91 resistance and trade above it.

PS: AO indicator is not showing strength.

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15M Chart: I just want to point out TD sequential is a 9 I would be looking 4 to 9 candles correction. In addition, Stoch RSI has sent a sell signal.

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1H Chart: its showing a green 9 on the TD sequential system, at showing it in a KEY level. AO: starting to reversal to 0.

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I went to out for 10 min and the start to really, got back in with small size position, knowing the risk. I started trading and sell at 115. Im going to sleep happy that I could get some more juice from this.

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Trade stängt manuellt

Trade stängt manuellt:

We just arrived to Pluto Cheezzz