BSV still within its corrective channel WXY all up in this.
Entry is still kind of up for debate but even with the current SL below Y the R:R seems healthy to throw this hail mary.
Entry is still kind of up for debate but even with the current SL below Y the R:R seems healthy to throw this hail mary.
Trade active:
I'm in this right now. Lets see if we can get paid.
Comment:
Looking at BSVBTC to see what it's showing and it seems to support my idea of a run up:
* sitting on top of support.
* Y leg looking about done.
* Still within a valid range.
* sitting on top of support.
* Y leg looking about done.
* Still within a valid range.
Comment:
also broke above downward trend and now retesting them. I'm still feeling long with this. BTCUSD kicking down though will drag our BSVUSD play down alongside it.
Comment:
If you're not in wait for a break above 64.2 and at least 2 hour closes above with a retest.
Most majors are looking like they're going to have another kick down so doubt this will be any different.
Haven't closed yet, but leaning towards it.