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lawlee9
Jan 30, 2017 2:51 AM

BTCUSD - short top of the range Short

Bitcoin / U.S. dollarBitstamp

Description

S/R level at 938.05. Price dropped below and came back to retest a minor S/R level. Looking for price to reach 814 level for entry to go long for MT.
Last dip before the rise in price completed the 4th wave. Price should be developing to finish off the 5th wave.

Stop for short: above 938.05
Entry for long: 814
Stop for long: 770.
Ultimate Target: 1369
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