Long

BCH USD LONG BEFORE FORK

Updated
Text in chart explains all.
Comment
Target 1 - 540 USD reached. Took 50% profits.
Comment
BCH is forming a new parallel channel. First resistance is 556 USD level, second one is 590. If 590 is breached we can expect testing of 670 USD levels today.
Trade closed: stop reached
Stop Loss reached, position closed. Glad we took 50% profits.
Comment
Great thing we closed the position. You can see why it is important to use Stop loss in situations like this.
BCHBCHUSDElliott WaveFibonacciSupport and Resistance

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