Jerdy

BTC. I still see one leg down to the .618 Fib

Long
Jerdy Updated   
BITFINEX:BTCUSD   Bitcoin
If we don't break $8,885 then I see the $7,700 , $7,800 scenario.Monday I had my W,X,Y going to $7,200.I think there is to much support for that low of a drop.
Trade active:
Trade active:
-This is what I'm doing on this down slide.waited for confirmation ( drop below purple wave 1)
- I opened up a short here for a scalp.
-R:R 3.3 to 1
Trade closed: target reached:
I had my target set for my short at 7926 and BTC hit $7925 before bouncing.

I think there is more profit to be taken but I'm happy with my 3% target.

Will scale out 50% and hold the rest for some more possible gains.
BTC looking very weak

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