I want you to look at this chart and get excited... not because you like BSV ... I don't care if you do or don't, the reason you are excited is that BSV is about to gain HUGE percentages... When BSV runs... it RUNS!!!
BSV IS SHOUTING IT FROM THE ROOFTOPS HAVING FORMED A MEGAPHONE PATTERN
also known as a .
What Is a Broadening Formation?
A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price and diagrammed as two diverging , one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a series of higher highs and lower lows. The chart below shows an example of a classic broadening formation. Investopedia
Q. So why would you trade BSV?
A. BECAUSE YOU LIKE MONEY!!!!!
I have added on the chart a short term wave structure that I feel is likely and in pattern with what I currently see in BTC .
Sometimes I make charts and you all think... wow LISA IS REALLY CRAZY... but I am also usually right... So up to you <3
If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED!
And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me alike, that way you get updates as I post them.... :) <3