BCH been extremely weak lately, looks like a small inverse H&S

7 Nis 2018

This wedge you see is not the best i have seen, but it has the characteristics of one. In combination with a potential inverse H&S we could start to see some higher prices. This H&S is a weak one, so it could easily fail.

2 different stops that could be used, that blue line, actually i don't want price to fall below it or the green area around 600, depending on what your willing to risk and your position size. Target is around the 700

My previous analysis of BCH

7 Nis 2018

Not

And the breakout already :)

7 Nis 2018

Not

Looking stable, making a bull flag now after the break out

9 Nis 2018

Not

Almost reached the target of the H&S, i will close half my position there and let the rest ride with a stop at entry level

12 Nis 2018

İşlem kapandı: hedefe ulaştı

I have closed my remaining position. We could go much higher, but it was a trade for me and my targets are reached