TraxionInvestments

BCH Outlook - Potential Bear Move

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BITSTAMP:BCHUSD   Bitcoin Cash
BCH is showing signs of falling to the 107 zone. We are currently placing sell trades. My 1st TP is at 111.00. 2nd TP at 107.00. The 2nd TP is placed there because market-makers tend to push price below a zone to trap traders before moving price their way. In this case, SELLERS will get trapped at 107 if the 111 zone is broken. I want to be out when this happens.

Patience is key!!

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