Trade Idea: BCH SHORT
Opened 2026-01-12 06:40:50 · Valid until 2026-01-13 06:40:50 · Triggered 2026-01-12 06:43:01 · Closed 2026-01-12 08:03:01
How this works.
Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT
CLOSED
RR 1.80
Conf 75%
Scalp
hours
Entry
634.14000000
Stop
642.00000000
Targets
620.00000000 / 612.00000000 / 605.00000000
Live price
600.93000000
Live ROI
5.24%
vs entry
Idea ID
#6736
Now
Entry
Stop
TP
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Thesis and checks
Current price action and multi-timeframe analysis suggest a short scalp opportunity with strong confluence:
- 5m chart: Bearish momentum indicated by lower highs and lower lows, with RSI below 50 confirming selling pressure.
- 15m chart: Price rejected recent resistance near 640, forming a bearish engulfing candle signaling potential downside continuation.
- 1h chart: Downtrend confirmed by price below the 20 EMA and 50 EMA, with MACD histogram showing increasing bearish momentum.
- Risk-reward ratio above 1.6 with tight stop loss just above recent resistance at 642 and multiple take profit levels near recent support zones.
Trade ideas are educational. Manage risk and position size.