13500 and 15300$ are next targets

Morning guys,

It seems that we have to show our longer-term view, because not everybody watching our videos on FPA website. Our previous updates stands at daily and below and
doesn't show total view. In fact our trading plan consists of two parts. Longer-term, strategical one suggests two things - major retracement and take long-term investing on BTC market.
This retracement should happen sooner rather than later and take 50-60% of recent upside action. Thus, speaking on current levels, retracement should be somewhere to 6-7K level.
Definitely it should happen from important resistance level. And here, on weekly, we try to recognize the levels where retracement could start. Now on the table we have two of them - major 5/8 Fib level around
13500$ and all time AB-CD COP (0.618) target at 15300$. Thus, nearest level that we're wathcing is 5/8 Fib resistsance. Besides, BTC comes close to weekly Overbought.

Second part of the plan is tactical - to see what we could do on lower time frames. Now, as market has broken 50% level and we have very good thrust as on daily as on 4H chart, we could
watch for DiNapoli B&B "Buy" trades, i.e. bullish momentum continuation trades around 3/8 support levels. They are relatively safe and let to ride on a rally till next resistance level which stands 1000$ higher...