Description
⋅ Resistance 280 is confirmed (once).
Sitting on hourly support.
Entry: First position when break hourly support. Second position when break 4H 12EMA.
Stop loss: break above 280.
Target: daily 12EMA (around 240).
Comment
⋅ Correct:
2nd short position entry: break 1H 12EMA.
Comment
⋅ Took profit around 265.
BCH looks like in a healthy consolidation to me so far, will short again if break 4H 12EMA.
Trade closed manually
⋅ Looks like another up trend is coming, close trade.