Hail Mary Play
Updated
BSV still within its corrective channel WXY all up in this.
Entry is still kind of up for debate but even with the current SL below Y the R:R seems healthy to throw this hail mary.
Entry is still kind of up for debate but even with the current SL below Y the R:R seems healthy to throw this hail mary.
Trade active
I'm in this right now. Lets see if we can get paid.Note
This PA's been terrible.Most majors are looking like they're going to have another kick down so doubt this will be any different.
Haven't closed yet, but leaning towards it.
Note
Looking at BSVBTC to see what it's showing and it seems to support my idea of a run up:* sitting on top of support.
* Y leg looking about done.
* Still within a valid range.
Note
also broke above downward trend and now retesting them. I'm still feeling long with this. BTCUSD kicking down though will drag our BSVUSD play down alongside it.Note
If you're not in wait for a break above 64.2 and at least 2 hour closes above with a retest.
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