Technical analysis by Tradu about Symbol BCH: Sell recommendation (17 hour ago)

BCH/USD has rejected off the sell entry, which is a pullback resistance that is slightly below the 78.6% Fibonacci retracement and could drop from this level to the take profit. Sell entry is at 566.81, which is a pullback resistance that is slightly below the 78.6% Fibonacci retracement. Stop loss is at 611.6, which is a pullback resistance. Take profit is at 507.42, which is a pullback support that aligns with the 61.8% Fibonacci retracement. Stratos Markets Limited ( tradu.com/uk ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd ( tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.