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Big movement expected on BCHGBP after a breach of 204.9100

BCHGBP has broken through a line of 204.9100 and suggests a possible movement to 200.3120 within the next 9 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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There is a 80% chance of BO trending downwards

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We expect CRD to trend upwards with a 80% chance.

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