A dragon fly with above average showed up, plus the is coming out of oversold.
We see the same MA200 working as resistance here, as soon as this black line can be broken, expect our targets to be reached.
All details are on the chart. Targets and stop loss.
P.S. This is not a piece of trade advice. My trades contain all of the details needed to trade, buy-in, stop loss, targets, etc. So if you want to see a full trade for BCHH19, please show your support.
Thanks a lot for reading.
I enough attention is garnered for this trade idea, 50+ likes, I will share full details for our 155% ROE BCHH19 trade.
Thanks in advance.
Time frame: 1H
Buy: 0.0351 – 0.0355
Stop loss: Close 4H candle below 0.0346
Profits Potential: 155.8% ROE
Capital allocation: <7%.
- Look at the long wick, marked blue... Sellers rejected again.
- Increase in volume.
- RSI curving.
- Now challenging EMA10.
- Patience is key.
We wait patiently and trade according to our instructions above.
This is a very strong signal:
Thanks a lot for your support.
From this money, you can use a certain percentage for our trades. This is only a portion of your entire capital.
I also recommend up to 20% per trade, in the case that you only want to open 5 trades and not more than that, but that is for long term trades, here I only recommend less than 10% per trade.
I don't see any high risk here. With a stop loss that is only a few percentages away from buy in, you can only lose a tiny fraction of your capital on one of our trades... if it goes wrong. If it goes right, you win big.
Low risk... High reward.