Those of you that are trend followers are probably eagerly watching BCHJPY to see if its latest 36.82% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 27 days move.
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BCHUSD is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
BCHUSD is moving towards a support line. Because we have seen it retrace from this line before, we…