Diamond
Wish - The Stock Market in 3Dconsolidation channel after failed breakout timed with market pullback - how much are faux Pokémon cards worth?
Weekly 3 Black Crows at Resistance.Similarly to what i spotted on the EURUSD; BCH seems to have formed a 3 Black Crows on the weekly after catching some sells at a previous zone of Support/Resistance.
It has also reached the Measured Move of a bullish diamond breakout and i have taken my profits.
This could be the start of a new downtrend which could take us down to Fibonacci retracement levels or lower.
I would be very interested in seeing some bullish signals on BCH at the 0.786 and 0.886 retrace levels until that happens or resistance is broken i'm likely to remain bearish.