Bitcoin Short then LONG!!?? BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Entry: 13,200$-13,300$

TARGETS: 14,700$-15,500$- 18,000$

SL: 12,900$
Trade active: -BTC-1D

Reasons I believe the correction is done:

-The price has bounced off the 50 MA on the daily twice.
-Forming a bullish pattern and is waiting for a breakout.


-ABC EW correction looks to be done.
-Now starting Impulse wave 3.
-Has tested the break out trend line.

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