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TomProTrader
Nov 24, 2016 11:35 AM

BTCCNY: Watch this for potential sell set up 

Description

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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