DanLaffas
Long

Last leg up before retesting 275 low - #BTC #BFX Daily Chart

BITFINEX:BTCUSD   Bitcoin / Dollar
Chart is self explanatory. Opened position at 388.20, SL at 378.00 and profit target at 449.00. Risk ratio is 5.96. (I had previously looked at 500 being the upper target but have revised that over the past few days.)

The horizontal rays are showing my S/R levels. I believe we should see leg A run up to the 419 area before correcting back down to 400 support where we are now. Leg C should finish between 444.10 - 463.53

See if this gets me a free month of Pro Membership :)
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