LONG BCHUSDT 15.05.23 {ENGLISH}

١٥ مايو ٢٠٢٣

1H:

Spike (bulls)
MA CROSS uptrend (bulls)
Range breakdown with high Volume (bulls)
Bearish divergence a/d (bears)
Bearish divergence rsi (bears)
Bearish divergence volume (bears)

There are reversal signals that suggest an even greater drop in price, therefore, the purchase is shifted significantly lower (where most stop-losses are likely to be eliminated)

Order book:
neutral

Fear and Greed Index:
50 (neutral)

Overall mood:
bullish

Reason for opening a deal:
Excellent profit-to-risk ratio. This happens seldom)

Instructions for action:
Cancel a position after one close under a spike

Trading Strategy:

Buy: 116.2
Stop-loss: 115.8 (-0.34%)
Take-profit: 122.8 (+5.68%)
Profit/risk: 16.7