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ForexLane
Dec 5, 2015 7:27 AM

BTCUSD;LONG probably targetting 386 ----394 stops below 367 Long

Bitcoin / U.S. dollarBitstamp

Description

According to previous mentions the target of 335 has moved due to negative sentiments if usd as nfp .
But the situation of btc traders have and previous rise of more than 50 % movement above 369.50 could lead to the targets mentioned in the heading . by keeping stoploss according to your leverage please place stop below 367.

According to elliot the break up above 369.50 and converted waves pattern which we have further showed in the chart it could now move towards the target mentioned .

Team ,
Forex Lane

Comment



Extending 5th wave continued

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please see this according to elliot

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possibe moves sub wave 4 .

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potentially can go back to 368-69 levels see rsi and price action

Comment

not below 368 if crossed that level then goes for correction
:wait:

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Finally accomplishing targets our trade had moved so

Trade closed: target reached

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