ravno_108
Short

Coming back to the last triangle breakout

BITSTAMP:BTCUSD   Bitcoin / Dollar
230 1 3
We have had lately plenty of triangles. More often then not the price will eventually come back close to the origin of a breakout.


Comment: Took longer time then expected.

If the current move down will morph into the 5 waves, we are on a good way to reach the stated target:
snapshot
Trade closed: stop reached: The correction was over before reaching the last origin of the triangle.

Looks like we will have to visit this level later, after the complete advance in BTC is over.
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