[UPDATE] Trading idea for BCH/USD LONG - Current price 613 USD

The graph is commented on the main aspects of the operation:

Buy: the ideal entry would be to expect a crossing of Kinjun (pink line) by Tenkan (blue line) from below and with force
Sell: around 880 - 900 USD
Stop Loss: About 518 USD

Our target is level 1.618 of the Fibonacci extension (around 850-880 USD)

You should not invest more than 10% of your available capital to trade.

Trade ativo:

Signal in progress, Tenkan is crossing Kijun.

Good trading!

Trade ativo:

Active trading, but we need to constantly monitor the price, this pair's rise is being strongly influenced by the strong price variations of the BTC/USD pair over the past 12 hours.

My advice? Keep eagle eye!

Comentário:

Update Stop Loss orders to 526 USD!

Trade fechado manualmente:

Close your positions manually! With BTC going down this trade needs a new and fresh analysis.