BCHUSD: attempting breakout. Long target 13 %

BCH is just under the top of the hour cloud with nice support. We're right underneath a downtrend, a breakout of which will trigger a buy signal and the start of a potential move up to the upper 1300s

Target levels are:

1280
1320
1390

(1390 - 1230) / 1230 * 100 = 13 %

Btw the orange fractal is taken from the current BTC correction.

Happy days!

Trade active

Comment:

Strong daily support before the 0.618 retrace indicates bullish bias.

Comment:

First target reached (Bittrex)

Trade closed manually:

at 6.5 %

Comment:

Expecting retrace to 0.618 level