Hi traders:
Looking at BCHUSD for mid/long term outlook.
We see price is in this overall larger expanding structure, and had a double bottom rejection at the bottom of structure.
We then see a quick bull move up, and form correctional pattern here.
I do like the higher time frame and intro day chart's price action, just waiting for the correction to complete.
Looking to buy from the bottom of the current price structure, or wait for breakout follow by continuations.
Thank you
Looking at BCHUSD for mid/long term outlook.
We see price is in this overall larger expanding structure, and had a double bottom rejection at the bottom of structure.
We then see a quick bull move up, and form correctional pattern here.
I do like the higher time frame and intro day chart's price action, just waiting for the correction to complete.
Looking to buy from the bottom of the current price structure, or wait for breakout follow by continuations.
Thank you
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Related publications
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.