Banco (BCH) Up Channel Continuation
Up channel is evident and still intact
I have sketched a few chart patterns with the first smaller one being a symmetrical triangle leading to bullish breakout
The second being a larger overall rising wedge that encompasses the entire price structure history.
I see a short term bull continuation and then a possible bear takeover. I have shown this short bull move with green bars pattern.
Weekly timeframe
I have sketched a few chart patterns with the first smaller one being a symmetrical triangle leading to bullish breakout
The second being a larger overall rising wedge that encompasses the entire price structure history.
I see a short term bull continuation and then a possible bear takeover. I have shown this short bull move with green bars pattern.
Weekly timeframe
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.