BITFINEX:BCHUSD
Type: Long
Entry: 784.8
Stop: 774.5 (May adjust it could be too tight)
Take Profit: 808.5
Playing a retest of mini H&S back to the Big H&S trendline.
Rationale
- Key support at 784 area
- .5 fib line bounce
- Big H&S pattern could indicate more bearish momentum, mii H&S pattern has reached it's target price
- Retest of neckline