Short

BCH/USD Short

Par Grimland
Mis à jour
BCH is forming an ascending broadening wedge and can break down anytime
To catch this trade we have 2 possibilities

1) We get confirmation that the pattern is a valid one once support trend is broken and we can place a short order
2) We retrace to one of the horizontal support levels and get a rejection, this would imply a partial decline and we can place a short order

TP as mentioned in the graph
Commentaire
Found resistance at 557, i have taken some position here
Transaction en cours
Trade fermée: cible de profit atteinte
Ascending Broadening WedgeBCHUSDbitfinexbreakdownChart Patternspartial-declineshortTrend AnalysisWave Analysis
Grimland

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