Jmenken

Btcusd harmonics

Short
Jmenken Updated   
COINBASE:BTCUSD   Bitcoin
1.27 will be highest point before rejection, playing out beautifully with out bearish harmonic butterfly.
Comment:
So the Fibonacci ratios fit almost perfect to finish out a clear bearish crab. I entered a short position near the 1.272 of X-A. TP levels 1.272 1.414 1.618 of C-D .

The probability of the pattern being completed and swiftly dumping to the downside was very high in my opinion. At the end of the day I am some uneducated guy on the internet who enjoys coloring on charts, that just happen to have a few numbers on them.
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