Trade Idea: BCH SHORT

Opened 2026-01-15 18:20:50 · Valid until 2026-01-16 18:20:50 · Triggered 2026-01-15 18:36:02 · Closed 2026-01-15 20:14:02

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 1.80 Conf 75% Scalp hours

Entry

585.84000000

Stop

593.00000000

Targets

575.00000000 / 570.00000000 / 565.00000000

Live price

600.93000000

Live ROI

-2.58% vs entry

Idea ID

#6903

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 signals:

5m chart: Bearish momentum confirmed by a series of lower highs and lower lows, with RSI below 50 indicating selling pressure.
15m chart: Price rejected resistance near 590, forming a bearish engulfing candle signaling continuation of the downtrend.
1h chart: Downtrend intact with price below the 50 EMA, confirming short bias and room to target support levels near 565-575.
Risk-reward ratio above 1.6 with tight stop above recent resistance at 593.

Trade ideas are educational. Manage risk and position size.