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zark01
Feb 19, 2021 4:53 PM

Just a CHART 

Binance Coin / TetherUSBinance

Description

I am not a financial advisor. Just a Chart maker.

Comment

Update at 19:10 hours 19th February, 2021=>
The charted idea worked perfectly.
Each candle (bar) is 30 min.
I will wait for 2 more bars to confirm the trendline, and it remains validated for 12 bars at most.

Comment

Still within the two trendlines.

Comment

Still within the two trendlines.
price to retest: 340

Trade closed: stop reached

The trendlines were valid for more than 12 bars, and the price dipped at the 14th Bar.
The idea worked well.
Closing this.
Comments
zark01
Trading is closed on this idea. This idea was to last for 12 bars, which it did (for 13 bars).
Next charting soon!
zoeygrace0525
After correction, is there a dump again?
zark01
@gracedelacruzgo, I Will revisit this and get back. Keep an eye on the updated ideas. Thank you for the comment.
ChangoMan
great analysis thank u i feel calm now about this correction
zark01
@ChangoMan, it dipped even below after consolidation.
zark01
@ChangoMan, Thank you for the comment. Appreciate it.
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