MarketMakerTraders

BTCUSD Monster Short Setup Read Description

Short
BITSTAMP:BTCUSD   Bitcoin
Looking for BTC to break the wick circled in my setup, if this happens, I will wait for price to reach confirmation entry to take back down,

If this does not happen and we reject and head back higher this setup will be -invalid- and you will see another post for a even higher Risk to Reward Setup coming shortly,

Good Luck Traders!~
Comment:
Bitcoin is setting up for a major institutional short, monitoring closely as it has been playing out exactly as we expected, when she pulls back and sets up, I will be firing at all angles, This is a high probability setup and the foot print is being shown (the big guys always leave a trail, WHY? Because they have too much money to unload, and have to do it in increments, just like anything in life, I'm interested in not paying the premium, so I will keep waiting to get the best possible discount. Good luck guys, and gals ;)
Comment:
$63,500 and up I will be layering positions (Small to Big) to take the cake for a long term setup to the downside. my setup posted is the absolute top if they are to take it there, I don't expect price to sit around anywhere in this region for long.
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