hedgewithcrypto

Bull flag on EOS

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hedgewithcrypto Actualizado   
Another bullish flag pattern, this time on EOS.

This pattern has high probability of reaching the profit target should a break above Point (B) occur.

Use STOP-LIMIT order to catch the move and place stops below Point (C) when in a position.

If price fails to break Point (B) and drops below Point (C), trade setup is invalidated.

This is my FAVORITE pattern to trade in a BULL trend.

Take note the supply zone shaded in blue. There will be selling pressure in this area so trail/manage stops to lock in profits.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Operación activa:
Triggered the entry price. Interestingly, Bitcoin is trying to pump which would help this trade.
Operación cerrada: objetivo alcanzado:
BAM!

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