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IAmSatoshi
Apr 12, 2017 10:27 PM

Bearish Shark Short

Bitcoin / U.S. dollarBitstamp

Description

Bearish Harmonic

Trgt = 50-61.8 Fib

SL = 1260

Comment

Looks good. Bear flag signalling bearish continuation as well.

Target of 1000-1050 sounds low but remains valid.
Comments
lc_parente
@IAmSatoshi , sorry for my noob question; but, what does 'SL' mean? O.0
hdezj
@lc_parente, SL= Stop Limit; TP= Take Profit.
Stugazi
For the record I posted my bearish chart minutes before you did. LOL feels good to have such great company.
IAmSatoshi
@Stugazi,its been there for a few days for sure. many people watching this closely....
member00
@IAmSatoshi, long overdue IMO, this recent growth not healthy!

My thoughts:
zippy1day
You may want to comment on this pattern forming?

zippy1day
BD should be more than 1.618 ratio?
IAmSatoshi
@zippy1day, im not really a stickler w/values :(
realSatoshiNakamoto
this says it all.. youtu.be/fx0PdjJw5OM?t=1011
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