Trade Idea: BCH SHORT

Opened 2026-01-13 20:00:53 · Valid until 2026-01-14 20:00:53 · Triggered 2026-01-13 20:08:01 · Closed 2026-01-13 22:23:01

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 1.70 Conf 75% Scalp hours

Entry

614.60000000

Stop

620.00000000

Targets

607.00000000 / 603.00000000 / 599.00000000

Live price

602.13000000

Live ROI

2.03% vs entry

Idea ID

#6808

Now Entry Stop TP

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Thesis and checks

Short setup identified based on multi-timeframe analysis indicating bearish momentum near current price.

5m chart: Bearish engulfing candle formed after a small retracement, signaling immediate downside pressure.
15m chart: Price rejected at a recent resistance level around 615, with RSI showing bearish divergence.
1h chart: Downtrend continuation confirmed by moving averages aligned bearish and lower highs.
Stop placed just above recent resistance to limit risk, targets set near recent support levels to maximize reward.

Trade ideas are educational. Manage risk and position size.