$BCH | BCHUSDT: OI 24H increased by 16.72% as the price fell by 3.63%, creating a fairly noticeable divergence.

I pay special attention to the SHORT setup when the 1H candle closes below 204.95, meeting the volume condition; the risk is that

Pair: BCHUSDT
Scenario: SHORT
Trigger: 1H candle close below 204.95 with volume not lower than the average of 20 candles
Entry: 204.95
SL: 206.71
TP1: 202.3
TP2: 200.72
R:R TP1: 1.51
Invalidation: 1H candle closes above 206.71

Does a 1H candle close below 204.95 with volume not lower than the average of 20 candles provide sufficient confirmation?

#BCH #Crypto

Analysis is for reference only, not investment advice.