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salmanijaz
Aug 19, 2017 12:38 PM

BCH ascending channel. Long

Description

Seems to be trapped in an ascending channel. I dont have any position now. Just analysing the chart, May open small long position once the retracement is confirmed.
BCH is very volatile so keeping that in mind, do your own analysis too.

Note: Just my personal view.

Trade active

Nicely following the channel :)

Comment

Retesting the support level at 772.63. Lets see if it will hold.

Trade closed manually

Still very bullish but the channel is broken. May be some retracement and then upward again. Will see :)
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