ninjabenja
Short

Cypher Pattern Completion, 15m - Stamp

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Very happy to see our Cypher pattern was able to complete and retraced quickly to our target #1 at .382 of the CD leg. We're now looking for our target #2 at .618 but pay attention to your indicators as we might not have the steam to get there in this environment. Over-all trend continues to be beariish with price action not able to achieve higher-highs and continuing to print lower-lows.
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