BCH/BTC - Imagine this
We could find profit taking around the extention fib 127 of the first daily candle - this is a high risk trade I would wait to see something price action to Change the trend on the 4hr before taking the long. Then I would play it to the reverse fib.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.