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BCH Trade Idea: Gain 17% R:R 10 to 1
1. Typical buy the news, sell the rumors pump and dump.
2. Momentum dying out.
3. Up 50% and volume drying out as well.
4. Short gaining momentum.
5. About to face major resistance at $660.
6.Clean highs, stop run, dump it.
Entry: Scaled orders $650 - $660 Ascending Orders.
Targets 1: $608
Target 2: $555
Target 3: $542
Stop: $670
2. Momentum dying out.
3. Up 50% and volume drying out as well.
4. Short gaining momentum.
5. About to face major resistance at $660.
6.Clean highs, stop run, dump it.
Entry: Scaled orders $650 - $660 Ascending Orders.
Targets 1: $608
Target 2: $555
Target 3: $542
Stop: $670
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