You are viewing a single comment's thread from:

RE: BCH update 20.01.18

in #bch6 years ago

Good charts looks promising. Have you ever thought about to give more details to your Elliot-waves strategie e.g. what are the price points until this scenario is valid and what would be the Risk Reward Ratio for a possible trade?

Sort:  

I try to give invalidation levels as often as I can, but sometimes I just forget to do it. Thanks for reminding me.
But this is a wave 2 scenario in BCH, which means that it can go back down 99% of wave 1 and still be valid.
So in this case if you buy @2000$ you have to risk it falling down to zero, but you get a 4-5:1 risk reward ratio in return, which is awesome.

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.030
BTC 59715.05
ETH 3186.24
USDT 1.00
SBD 2.42