Trade Idea: BCH SHORT

Opened 2026-01-15 15:45:51 · Valid until 2026-01-16 15:45:51 · Triggered 2026-01-15 15:49:01 · Closed 2026-01-15 17:16:01

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 78% Scalp hours

Entry

599.20000000

Stop

605.00000000

Targets

590.00000000 / 585.00000000 / 580.00000000

Live price

603.93000000

Live ROI

-0.79% vs entry

Idea ID

#6897

Now Entry Stop TP

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Thesis and checks

Short setup identified based on multi-timeframe confluence and momentum signals.

5m chart: Bearish engulfing candle near resistance around current price, indicating short-term selling pressure.
15m chart: RSI divergence showing weakening bullish momentum, supporting a short move.
1h chart: Price below 50 EMA with downward slope, confirming bearish trend bias.
Stop loss placed just above recent minor resistance at 605 to limit risk.
Targets set near recent support levels to secure profits within scalp timeframe.

Trade ideas are educational. Manage risk and position size.