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ArcusFX

BTCUSD shorts!

Short
Bitcoin (BITFINEX:BTCUSD)  
ArcusFX Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
Similar to my XRP set up from earlier this week.


I see another ABCD pattern being formed. I hope we dont just fall out but I belive we could go back to 8300 level.Once I get the structure I want similar to XRP I will be going short.

I will update you as it unfolds.
Comment:
More of a side ways move on BTC. rather than a inclined pull back. However I am still seeing 8300 level being a good level to short.

snapshot
Comment:
My trade is about to trigger. 8350 Sell limt orders. Stops at 8700.


snapshot
Trade active
Trade closed: stop reached
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