Bitcoin Cash (BCH): Good R:R Trades Can Be Taken Near 200EMA

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Bitcoin Cash coin is currently trading below branch of EMAs where recently we had quick fill of bullish CME gap above the EMAs.

As there are still a lot of uncertainties on the market, we are not going to rush into any trade here yet but rather prepare ourselves for both scenarios.

Both setups we see are with good R:R, What do you think based on the current market state? Where will we head?

Swallow Team
Trade closed: target reached
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