BCN - Bull Pennant / Strong FA - BUY SIGNAL Long

Description

⋅ May 21, 2018 12:05 PM

Bull pennant formed, breakout pending. Resting on strong historic support. Strong fundamentals - roadmap update, hard fork and testnet all due before the 10th of July.

BCN

BUY: 100-110

SELL:
118
130
148
200

Stop loss:
190

Here is a look at the historic support -

Comment

⋅ May 21, 2018 3:48 PM

Stop loss is at 90, not 190, sorry wolves!

Comments

TheMailMan

⋅ May 21, 2018 11:35 PM

Isn’t a descending triangle a bearish patter regardless of whether the previous movement was bullish or bearish

hamid_r_h

⋅ May 21, 2018 5:19 PM

90 is more then a stop loss.

jmtizzle

⋅ May 22, 2018 6:10 PM

@hamid_r_h, eh, 15-20% stop is pretty tight if you trade forex