Long
BCH Swing Trade Setup
I'm not a fan of BCH but it is setting up nicely for a swing trade.
Just pumped from the bottom trend line so there risk/reward is not where I would like it to be at but this is an interesting set up nonetheless.
- MACD bullish crossover
- 50 EMA has just been broken
Two Targets to look out for before we reach resistance at top of triangle and pullback
(1) 0.17718
(2) 0.19310
Happy Trading,
D
Just pumped from the bottom trend line so there risk/reward is not where I would like it to be at but this is an interesting set up nonetheless.
- MACD bullish crossover
- 50 EMA has just been broken
Two Targets to look out for before we reach resistance at top of triangle and pullback
(1) 0.17718
(2) 0.19310
Happy Trading,
D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.