empty
 
 
27.01.2023 08:58 AM
BCHUSD Potential For Bullish Rise to previous swing high

This image is no longer relevant

Description :

Looking at the Daily chart, my overall bias for BCHUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy stop entry at 138.53, where the recent high is, we are looking to take profit at 164.97, where the previous swing high is. Stop loss will be placed at 125.82, where the previous overlap support is.

Trading Recommendation

Entry: 138.53

Reason for Entry: Recent high

Take Profit:164.97

Reason for Take Profit: Previous swing high

Stop Loss: 125.82

Reason for Stop Loss:

Previous overlap support

Dean Leo,
Analytical expert of InstaForex
© 2007-2023
USDJPY, Daily| Continue to 1st resistance?
The USD/JPY chart is exhibiting bullish momentum, potentially for further upward movement, supported by the price staying above a major ascending trend line. The first support level is at 137.65 and the second is at 134.31, both identified as overlap supports, reinforcing the bullish sentiment. The.
作者: Dean Leo
04:56 2023-05-29 UTC--4
1390
EURUSD, Daily | React off 1st resistance?
The EUR/USD chart is demonstrating bearish momentum with a potential for further downward movement. In the short term, a rise towards the first resistance level of 1.0806 is expected before a possible reversal towards the first support level at 1.0695, which serves as an overlap support. A second s.
作者: Dean Leo
04:50 2023-05-29 UTC--4
1315
XAUUSD, Daily | Bounce off 1st support?
The Gold to US Dollar pair (XAU/USD) is currently on a bullish trend, with prices above a significant rising trendline indicating potential further upward movement. The first support level at 1935.46, which is the 50% Fibonacci retracement level, and the second support at 1859.67, aligning with the.
作者: Dean Leo
04:49 2023-05-29 UTC--4
1315
展示更多
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback