AdamHong
Short

BTCUSD:Does the Top Reach?

BITSTAMP:BTCUSD   Bitcoin / Dollar
197 0 6
The market soared from 570 to 740 in past two months but now the market has breached the starting point of last rise and the price is pulling back the 0.618 retracement .
Meanwhile the previous high point and structure also work at this area.
Maybe the short-term top is forming.
So it is a good opportunity to sell at 716-720 levels when bearish candles appear.
SL:above 745
TP1:670
TP2:640
Trade active
Comment: Patience is profit.
Trade closed: stop reached
少则得,多则惑。
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