Beautiful Evening Star reversal pattern setting up on the 4 hour chart. I am looking for a pull back to 7800 which is the 0.382 fib retracement area and coincides nicely with the 200 SMA where I will look to go long again. In the meantime, BCH has had a nice pullback and looks ready to go higher. I am already long BCH.
Comment:
Looking spot on, the final pullback will happen quicker than drawn on the chart.