Long
BCH/USD EW-Count based expected long/short play in the c and C

Structural EW Analysis on BCHUSD Pair-confirming price action needed for an entry
Note
an abc of iv' of c' of b of Bforming and running
cannot be ruled out
with such price behaviour
-
new lows still possible,
but this are sign of life
no overlap of price with
the i'' of c, till,now...
iv'' running still possible
new low will just make
us draw the ii''-iv'' again
and wait it to be broken again
to get back in for a second try
with SL at the new low...
Note
SL now ar 2360 at the moment and moving up with the green line, which is not very steep but should give us an nice trailing point if the iii is running...
entry was 2260, we are in the winning zone here, maybe for even more if the target zone at around 3100 gets reached...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.