BTCUSD. Downside impulse

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
A we see price recently broke the previous impulse's range. This means that a correction phase is now ended and an impulse phase is in play. Impulses to to be equal. I projected a one-to-one measured move to show potential impulse end. It coincides with some consolidation area to the left
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I think a retest of weekly channel is more like on the short term.

Great TA Alex. Let's see if we manage to consolidate there for the next 4 weeks.

+1 Reply
@TradingShot, let's see:)
exactly. nice pop. but bigger picture remains unchanged.
ultimate btcusd daily chart update trade plan bulls/bears sl/tp.
+1 Reply
@asgcorp, nice:)
I would love to see BTC fall that low or even lower :)
+1 Reply
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