Diupdate
Bitcoincash mid-term trading setup for long position
Here is BCHUSD, Bitfinex 4hr.
This trading setup was designed with an assumption that the up-going wave cycle started from 10/18 is an impulsive wave.
For now, it has retraced 0.5 fib level.
Referring to the recent suuport/resistance and fib retracement levels, some decent long entry points could be deducted as shown in the chart.
A general risk reward ratio was computed with the average EPs and TPs for this setup.
Of course the ratio should be computed for each EPs and TPs disparately for more accuracy.
This trading setup was designed with an assumption that the up-going wave cycle started from 10/18 is an impulsive wave.
For now, it has retraced 0.5 fib level.
Referring to the recent suuport/resistance and fib retracement levels, some decent long entry points could be deducted as shown in the chart.
A general risk reward ratio was computed with the average EPs and TPs for this setup.
Of course the ratio should be computed for each EPs and TPs disparately for more accuracy.
Catatan
EP1 entered
토미 유튜브: bit.ly/Tommy_TV
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
토미 유튜브: bit.ly/Tommy_TV
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
제 모든 인사이트, 분석, 관점은 t.me/tommy_trading 에 가장 먼저 올라갑니다!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.