TomProTrader

BTCCNY: Watch this for potential sell set up

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
163 0 7
Hi guys,

The pair BTCCNY             hit target. Formed a double top , potential corrective leg to downside. I am waiting for the lower degree correction to finish and for it to breakout for the next down impulse

Thank you for your support.
Comment: Price is ranging with narrow range candles. Watch for price when it hits the bottom of structure for a potential set up.
Comment: Price will likely bounce off bottom of structure, pull back, then create impulse to downside.
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