Long
CHAT/BTC
3 Reasons:
Location: Within new low bottom support.
Momentum: W structure confirmed in OBV and Willy. Divergence confirmed in MACD
Structure: W structure confirmed, entry at confirmation and risk against structure low.
Location: Within new low bottom support.
Momentum: W structure confirmed in OBV and Willy. Divergence confirmed in MACD
Structure: W structure confirmed, entry at confirmation and risk against structure low.
Note
Profit Objective is 2:1 R/R minTrade active
When we zoom in on the hourly, we have formed another double bottom here. Entering another position at the confirmation of this W risking against its structure bottom.
Profit objective is 2:1 R/R min
Note
Our 2:1 R/R was hit, now looking to hit our target objective of the 50% retracement. Will take profits once I see price reverse. Trade closed: target reached
We have reached our 50% profit target and not only that, we also reached up to 120% profit gains! Unfortunately my stop was set bit earlier, nonetheless profits are profits!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.