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

BCH formed a triangle formation globally 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. Enter on a breakout or pullback after a breakout of a given formation.

If you are not new to trading, then you can try trading within the global triangle.
Moreover, a fractally symmetric triangle of 23% is formed there, which can act as an upward pennant of 53%. If you are a bad trader, but want a lot of money, it is advisable not to trade inside the triangle.

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

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

Trade fechado: objetivo atingido:

+ 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

Trade fechado: objetivo atingido:

+130%

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+109%

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BCH / USD

+ 47% from the breakout of the downtrend. Going beyond the canal side-altars. Large customer volume.