hedgewithcrypto

BCCBTC Continuation Flag Pattern

Long
hedgewithcrypto Updated   
BINANCE:BCCBTC   None
Spotted a tight flag pattern on Bitcoin Cash with good strong volume.

This is one of my favorite chart patterns. High probability of reaching target shown in GREEN only IF/WHEN it break the top of the pole, otherwise no trade.

Waiting for a trigger above the pole to enter into a LONG position. Using a STOP-LIMIT order is the best method.

Please give this trade idea a THUMBS UP and I will keep you updated!

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade active:
Smashed above the flag pole for a successful entry.
Trade closed: target reached:
Job done.

Majority of position closed.

Will hold a tiny position in case this runs.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.