BCHUSD
Trade ID: bchusdsell202601221402 | Execution: 206130
Status
LOST
Direction
SELL
Entry Price
591.9
Targets Hit
0 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
591.9
0
Filled
Jan 22, 2026 2:07 PM
Stop Loss
595.32
342.3
HIT
2026-01-22 14:13:00
Take Profit 1
589.5
239.6
Not Hit
-
Take Profit 2
586.77
513.4
Not Hit
-
Take Profit 3
583.34
855.7
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
News Trade
Reason
Price broke below 592.00 round number resistance with confluence of H1/H4 bearish trend and negative news sentiment, targeting liquidity sweep and continuation.
Details
Trade taken as a short continuation play after price rejection from 592.00 psychological level. Technical confluence includes multi-timeframe bearish alignment (H4 below EMA20, H1 below EMA20) with RSI and MACD showing bearish momentum. Fundamental sentiment is strongly negative due to crypto fraud news, Iran sanctions risks, and USD strength, which historically pressures crypto assets. News-driven conviction is high with no conflicting high-impact events in the next 90 minutes, allowing for rapid price movement toward TP1 within 60 minutes based on 40% hourly range calculation.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Multi-timeframe alignment with H1/H4 bearish trend and key resistance at 592.00; RSI diverging on H4, MACD histogram negative on H1; OBV showing distribution
Fundamental Sentiment
Negative crypto sentiment from fraud news and Iran sanctions; strong USD due to geopolitical risk; no major high-impact events in next 90 minutes
Confidence Score
79
Trade Conviction
High
Reasoning Completeness
High