poplach

BTCUSD down to 41k

Short
poplach Updated   
BITFINEX:BTCUSD   Bitcoin
Nice shorting opportunity for BTCUSD, the trade can be triggered at test of resistance at around 59500 USD. Stoploss and take profit as shown on the chart.
Trade active:
Trade's been triggered
Comment:

We just hit 0.382 on the monthly chart, but that's barely enough to complete correction, so the trade remains active. Might drop down to 38-39k, but don't be greedy, let some room for others, take profit as shown. The trade is risk-free already so no worries, there is plenty of resistance so stop-loss is on 52700 from now on.
Trade closed: target reached
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