FX_CouchPotato

Did Bitcoin just paved the way towards 4000, Bat formation

Short
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

Hello traders, looks like we have a valid bat pattern on our hands that just exploded, the ultimate target is as low as $4k
Trade active
Comment:
Watch the market closely, if price falls below $9k it will trigger big s\l orders( it would be safe to say that they are placed slightly below last LL) which in return will cause a downfall of the pair.
Trade active:
Increasing opened short position. Still targeting $4k
Trade active
Trade active:
Approaching critical support level
Comment:
Target one reached
Trade active:
Heading to reset 7K
Trade active
Trade active
Comment:
It's about to hit that last trend line that I drew, that's where I'am going to close my short
Trade closed: target reached:
Well that was by best shot ever, 10470 pips!

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