BCH reach last target.
Its time to choose another target for BCHUSD
On chart we can see Pennant — this pattern can be broke out Up or Down. Targets on chart!
Its time to choose another target for BCHUSD
On chart we can see Pennant — this pattern can be broke out Up or Down. Targets on chart!
Trade active:
Price moving to support of pennant
Trade active:
Trade active:
Bullish!
Trade active:
Price broke resistance line of Pennant in upward direction!.
Now look at Stochastic RSI indicator, it crossed in bottom so this means good entry point.
Now look at Stochastic RSI indicator, it crossed in bottom so this means good entry point.
Trade active
Trade closed: stop reached:
580SL :(
Trade active:
Now looks like Flag
Trade closed: target reached:
Price entered supply zone. Well done!
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For LONG Stop loss 580.
For SHORT Stop loss 630.