This crypto pair had a bull run which I traded with a buy stop and hit the target. At 30m time frame it made a divergence. So, I plotted ABCD Harmonic @ 30m time frame. I waited for the setup to confirm and once showed signs of retracement from B to C, a pending order of Sell Stop to enter the trade till or just before point C.
The Signal is:
EP: 25.75
SL: 26.18
TP: 25.32
RR: 2%
Lots: 431.58
The Signal is:
EP: 25.75
SL: 26.18
TP: 25.32
RR: 2%
Lots: 431.58
Note
Currently there is a bearish divergence and now the scenario has changed. I have removed the ABCD harmonics. Chart may make Head Shoulder pattern. Waiting for the Neckline break.
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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.