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Crypto_Delboy

BCH USD LONG BEFORE FORK

Long
Crypto_Delboy Updated   
BITFINEX:BCHUSD   None
Fibonacci Support and Resistance Elliott Wave BCH BCHUSD
4
0
fibonacci supportandresistance elliottwaves bch bchusd
Text in chart explains all.
Comment:
Target 1 - 540 USD reached. Took 50% profits.
Comment:
BCH is forming a new parallel channel. First resistance is 556 USD level, second one is 590. If 590 is breached we can expect testing of 670 USD levels today.
Trade closed: stop reached:
Stop Loss reached, position closed. Glad we took 50% profits.
Comment:
Great thing we closed the position. You can see why it is important to use Stop loss in situations like this.
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