BCH local work. Secondary trend. Triangle 23% 53%

BCH / USD pair If you are not new to trading, then you can try trading within the global triangle.
Moreover, a fractally symmetrical triangle of 23% is formed there, which can act as an upward pennant of 53%.

Enter on a breakout or pullback after a breakout of a given formation.

Globally, the BCH main trend has formed a symmetrical triangle formation with a base of 777%.
At the moment, the price is at the resistance of the downtrend line of the main trend. A breakthrough and consolidation above it will mean a reversal of the main trend.

BCH. Main trend. Triangle. Base of triangle 777%

There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.



There must be a strategy and a plan. At the same time, your strategy and plan should be flexible from market situations.

Сделка закрыта: достигнута тейк-профит цена:

+ 20% short work. From the breakout of the local triangle to the designated support level. This level can act as a reversal zone.

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+ 30% from the reversal zone to resistance (work inside the formation). Local uptrend. Breakout of the resistance of the main trend. Bullish engulfing.. I recommend paying attention to this crypto asset

Сделка закрыта: достигнута тейк-профит цена:

+130%

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