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ss44
Feb 12, 2019 4:53 PM

Hail Mary Play Long

Description

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.

Trade active

I'm in this right now. Lets see if we can get paid.

Comment

This PA's been terrible.


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.

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.

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.
Comments
Doji-Star
At what point would you say the chart turns positive?
ss44
@Doji-Star, not sure I know what you mean? as in when is the trade active?
Doji-Star
@ss44, Hi. :) What would you need to see to turn positive?
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