Updated
BCH Cup and handle
A Cup and Handle pattern is formed after a pullback from a swing high rallies back strongly to the prior swing high and stalls due to overhead resistance. The price action then stalls much like a bull flag with slight downward pressure before breaking out of overhead resistance.
We expect BCH/USD will decline to the red line @ 1100$ then rise again to form the handle @ 1300$
Good luck,,,
Thank you
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Do not read and leave... Like, Comment and Follow ,,,, its' so easy :)
We expect BCH/USD will decline to the red line @ 1100$ then rise again to form the handle @ 1300$
Good luck,,,
Thank you
-----------------------------------------------
Do not read and leave... Like, Comment and Follow ,,,, its' so easy :)
Trade closed: stop reached
The pattern didn't complete
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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.