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HelioHelix

Heads or tails?

Short
Bitcoin (BITSTAMP:BTCUSD)  
HelioHelix  
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Wave Analysis impulsewave
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chartpattern waveanalysis impulsewave
I'm planning for shorts on either side of the breakout/breakdown.

Assumptions:
  • Impulse wave down is in play
  • We are in wave 4
  • We are in a pennant
  • If we are in an impulse wave down, and in wave 4, then we should see upside before the downtrend continues.

Related Ideas

HelioHelix
Updated thoughts on the current price action.
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