Trade Idea: BCH SHORT
Opened 2026-01-13 09:00:53 · Valid until 2026-01-14 09:00:53 · Triggered 2026-01-13 11:00:06 · Closed 2026-01-13 16:25:02
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 78%
Scalp
hours
Entry
609.73000000
Stop
615.50000000
Targets
600.00000000 / 595.00000000 / 590.00000000
Live price
593.75000000
Live ROI
2.62%
vs entry
Idea ID
#6778
Now
Entry
Stop
TP
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Thesis and checks
Analysis across 5m, 15m, and 1h charts shows bearish confluence signaling a short scalp opportunity:
- 5m chart: Price rejected at resistance near 610 with bearish engulfing candle, indicating short-term selling pressure.
- 15m chart: RSI trending down from overbought zone, supporting momentum shift to downside.
- 1h chart: Price below 20 EMA and 50 EMA crossover bearish, confirming medium-term downtrend.
- Current 24h change is negative (-2.05%), reinforcing bearish bias.
- Stop loss placed just above recent resistance at 615.50 to limit risk.
- Targets set near recent support levels at 600, 595, and 590 for good reward relative to risk.
Trade ideas are educational. Manage risk and position size.