BCHUSD: ABC CORRECTION + RISING WEDGE WITH HUGE BEAR DIV?
The title says it all!
Short (leverage 1x to 3x only): 48x, 49x, 50x and manual SL after a daily above 510.
Take profit as per chart.
Good luck guys and give me a like if you see this helpful.
Short (leverage 1x to 3x only): 48x, 49x, 50x and manual SL after a daily above 510.
Take profit as per chart.
Good luck guys and give me a like if you see this helpful.
Note
Short the A wave completed perfectly from around 500 to 43x. However the diveregence is still in play and the B wave is waiting.460-465 is crucial for BCHUSD as anything below may trigger the C to sub 400 coming days/weeks.
What do we do now? Wait for a reaction of price when entering the resistance zone (45x-46x) and after confirmation we can set another short which is near SL (Manual SL after a 8H closes above 465).
Good luck and dont forget to send me a "Like".
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.