Looking at BCHBTC on a shorter time for long entry positions.

----Check out my previous post on BCHBTC 1day time frame.-----

Looking for entry points on the 3 hour time frame.

The top of the ascending triangle is more defined and the probabilities are favorable.

Looking for entries toward the bottom half of the channel.
If it reaches the sell zone above before it completes the consolidation period, we will sell and buy back towards the center of the channel.

"Trading is like chess."

Check out my other post for long term projections.

Feel free to comment etc...

Good Luck all.

Trade active:

Nice break out with large volume. Hoping to pick up a few more trades before consolidation. Positioning is everything. I will be averaging below midline of consolidation or under .0960.

good luck all

Trade active:

Got the whole position filled over night. I almost got stopped out at the .0930 but it bounced back. hopefully we can build momentum and keep moving up. Good Luck all.

Trade closed: stop reached:

So we were stopped out at .0930 just to get back in at .092 even with 1/3 position. The loss was minimal but i should be able to pick up a bigger BCH position.
Patience in to be exercised here.
Good Luck.

Trade active:

Back in action with full position. taking some off at the sell zone. Hold on

Trade active:

nice profit at the sell zone yesterday. Reloaded quickly with the nice drop. Back to full position. 5 more days of consolidation lrft. there might be another trade to take. place limit orders to sell at sell zone. buy back if estimated consolidation period ends.
Good luck.

Trade active:

Volatility is in. Traders positioning for run up. Consolidation period is almost over. I'm filling to hold until first target.