BCHUSD - Text book FLAT (bull trap)

Hi everyone,
Still off the desk but a quick update from the weekend.

BCHUSD, i don't know if it's me but I don't feel brave here...
FLAT 3-3-5, the 5 waves in the 3rd leg is the killer as it can extend again and again...

Be careful on this one...


Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 28/05/2018-02/06/2018, no charts exceptionally

Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.

ความคิดเห็น:

Did not buy this one because better opportunities and also, to be honest, because there were no level to call for buy (sometimes it happens). The only way to buy was to time it with ETHUSD (no blabla, etc.)
But been calling this structure since end of April for a memorable FLAT (bull trap) if confirmed. Will not bring me bucks but he! still cool lol
Now we can see 2,200ish...