Hello my Fellow TraderZ,
Unaffected by the present market scenarios, $CHZ is one of the few coins which are in their own Bullish Universe.
Here you can see $CHZ is forming a BULLISH PENANT and as of now breaking Upward.
I'm still not convinced with the breakout and waiting to retest the broken Trendline and rejection there with some Bullish Price Action accompanied by some decent VOLUME.
Here is my LONG setup as you can see my SL is very precise and just below 200 EMA with R:R=1:5. If you wish to take the trade you can adjust your SL according to your own Risk Management.
Note : Today will be sharing an #educational post about some pattern trading. Hope you like it.
Happy Trading. CHEERS!!!
Unaffected by the present market scenarios, $CHZ is one of the few coins which are in their own Bullish Universe.
Here you can see $CHZ is forming a BULLISH PENANT and as of now breaking Upward.
I'm still not convinced with the breakout and waiting to retest the broken Trendline and rejection there with some Bullish Price Action accompanied by some decent VOLUME.
Here is my LONG setup as you can see my SL is very precise and just below 200 EMA with R:R=1:5. If you wish to take the trade you can adjust your SL according to your own Risk Management.
Note : Today will be sharing an #educational post about some pattern trading. Hope you like it.
Happy Trading. CHEERS!!!