Trade Idea: BCH SHORT

Opened 2026-01-12 08:05:52 · Valid until 2026-01-13 08:05:52 · Triggered 2026-01-12 14:27:01 · Closed 2026-01-13 05:25:02

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 1.75 Conf 85% Scalp hours

Entry

618.66000000

Stop

628.00000000

Targets

605.00000000 / 598.00000000 / 590.00000000

Live price

600.80000000

Live ROI

2.89% vs entry

Idea ID

#6741

Now Entry Stop TP

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Thesis and checks

Current price action and multi-timeframe analysis suggest a short scalp opportunity with a favorable risk-reward ratio.

5m chart: Strong bearish momentum with consecutive lower highs and lower lows, indicating immediate selling pressure.
15m chart: Price rejected at a recent resistance level near 625, confirming short-term bearish bias.
1h chart: Downtrend continuation confirmed by moving averages aligned bearish and a recent breakdown below a minor support zone around 620.
Stop placed just above recent resistance to limit risk, targets set near recent support levels to capture quick downside moves.

Trade ideas are educational. Manage risk and position size.