🔴 SHORT $BCH | R:R 1:1.1
📍 Entry: 211.22 - 212.26
🛑 SL: 220.60 (+4.2%), based on the average daily range (ADR)
🎯 TP1: 201.84 (-4.7%) | R:R 1:1.1
$BCH When it bounces back up to the upper area, I’ll look to short—don’t chase the price.
⚡ 🔴 Short scalp M5 15/11, pending order, R:R up to 1:1.1
Price is currently at 210.37 USDT, with a bearish bias. I’ll only place a pending order within the zone; if the price doesn’t bounce back up, I’ll pass.
🔹 $BCH | SHORT (expecting the price to fall)
📊 Scalp trade. Reason: a bearish Order Block zone on M5, where selling pressure previously pushed the price down; both H4 and M15 are bearish, and BCH is also moving quite closely with BTC.
⏰ Valid until: 21:36 15/11 (UTC+7) if not filled
If the price hits TP1 before the order is filled, or the time expires without it being filled, skip the setup. Once filled, let it run to TP or SL. The SL is quite far away, so use a small position size. I’m only risking 0.5% of my account—don’t use high leverage.
This is a conditional plan, not investment advice. Do you think BCH will bounce back up to that zone first?
#BCH #Bearish #AxionNews
📍 Entry: 211.22 - 212.26
🛑 SL: 220.60 (+4.2%), based on the average daily range (ADR)
🎯 TP1: 201.84 (-4.7%) | R:R 1:1.1
$BCH When it bounces back up to the upper area, I’ll look to short—don’t chase the price.
⚡ 🔴 Short scalp M5 15/11, pending order, R:R up to 1:1.1
Price is currently at 210.37 USDT, with a bearish bias. I’ll only place a pending order within the zone; if the price doesn’t bounce back up, I’ll pass.
🔹 $BCH | SHORT (expecting the price to fall)
📊 Scalp trade. Reason: a bearish Order Block zone on M5, where selling pressure previously pushed the price down; both H4 and M15 are bearish, and BCH is also moving quite closely with BTC.
⏰ Valid until: 21:36 15/11 (UTC+7) if not filled
If the price hits TP1 before the order is filled, or the time expires without it being filled, skip the setup. Once filled, let it run to TP or SL. The SL is quite far away, so use a small position size. I’m only risking 0.5% of my account—don’t use high leverage.
This is a conditional plan, not investment advice. Do you think BCH will bounce back up to that zone first?
#BCH #Bearish #AxionNews
