davistradingforex

Bitcoin ABCD Etension Short

Short
davistradingforex Updated   
BITFINEX:BTCUSD   Bitcoin
Looks like price action has completed the ABCD and broken the lower channel trend line. The long term wedge and short term wedges have broken to the downside aswell. I am looking of an extension tail for the abcd down to major support levels around 8200 where the previous floor will be tested. Bias is still short until higher highs and momentum favors the bulls.
Comment:
i meant 7200 not 8200, sorry
Comment:

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