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BCH been extremely weak lately, looks like a small inverse H&S
This wedge you see is not the best i have seen, but it has the characteristics of one. In combination with a potential inverse H&S we could start to see some higher prices. This H&S is a weak one, so it could easily fail.
2 different stops that could be used, that blue line, actually i don't want price to fall below it or the green area around 600, depending on what your willing to risk and your position size. Target is around the 700
My previous analysis of BCH
2 different stops that could be used, that blue line, actually i don't want price to fall below it or the green area around 600, depending on what your willing to risk and your position size. Target is around the 700
My previous analysis of BCH
註釋
And the breakout already :)註釋
Looking stable, making a bull flag now after the break out註釋
Almost reached the target of the H&S, i will close half my position there and let the rest ride with a stop at entry level交易結束：目標達成
I have closed my remaining position. We could go much higher, but it was a trade for me and my targets are reached
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