Grimland
Long

BCH/USD Long

BITFINEX:BCHUSD   None
BCH is forming a descending broadening wedge
We have to wait for a close above resistance trend line to place a buy order
Though i expect a rejection here followed by the formation of a partial decline which would be even more interesting to buy since partial declines predict the breakout direction (upward) and works 79% of the time
TP as shown in the graph


Trade active
Comment: TP1: 583
TP2: 620
Comment: TP1 hit
Trade closed manually: i took 594 as second target because i see more downwards movement
Going to Zero
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