Diabolicus

China ready to blow off a little more steam

OKCOIN:BTCCNY   None
China painted this Gartley with near perfect proportions.
I give it a greater 50% chance of reaching point C from here, thus returning into that uptrend channel .
With the china spread still above 7.5%, once the flood gates open the bottom of that channel might not hold, watch closely.
Break above D invalidates this setup, of course.

Disclaimer: I'm in no position right now.

Comments

This played out nicely, too bad I wasn't brave enough to trust this :-/
Reply
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