K155MY4R53

Large Short

Short
HUOBI:BTCCNY   None
The descending triangle in my last publish broke down as expected and now we've rallied to just below the nuclear resistance that took the bears over a fortnight to break when it was support. Price seems to be getting rejected as expected and there's a double top and bear divs on lower time scales. Indicators look like they're topping out as well. A nice tight stop and tasty R/R ratio - this looks like a pretty solid trade. Happy 2015.