TradingView
dukeposh
Apr 28, 2022 4:32 PM

ALICEUSDT | Falling Flag - Local Trend Breakout Trade Setup Long

ALICE / TetherUSBinance

Description

Price action and chart pattern trading setup
> Falling Flag reversal pattern of local trend
> Entry at breakout downtrend line
> 1st target at previous high zone 0.786 - 1.0 retracement, a possible wave 1 leading diagonal
> 2nd target at wave 3 - 1.618 - 2.0 zone for long term trade
> Stop zone at the lowest position of last wave, RRR: 2.5:1 for medium term trade, downside risk 10 - 15%.

Indicator:
1. strong smart money volume support
2. banker chip multiple entries
3. fund flow reversal pattern
4. BBD signal crossing up baseline 0
5. KDJ stochastic bullish divergence

Always trade with affordable risk and respect your stop-loss
Comments
Saeed5513
Is it time to up or more down ?
yasirali11a
@Saeed5513 nice question
dukeposh
@Saeed5513, Ending Diagonal?
mbizi
@yasirali11a bhae ap ka 8.1$ kub ae ga?
yasirali11a
@mbizi, time to nahi bta sakta sir but umeed h k few days me ajaye agher BTC bullish rang dikhaye to ya stable ho jaye to
dukeposh
More