DACapitalTrading

BTCUSD - SETUP - WEEKLY CONTINUATION - 16 MAY

Short
DACapitalTrading Updated   
BITSTAMP:BTCUSD   Bitcoin
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BTCUSD just started moving as expected, quick Timeframe breakdown for free and everybody.


4 HOUR
Close below previous week low, overall bearish price action.

DAILY
Strong bearish price action past few weeks.

WEEKLY
Reversal last two weeks after taking out 10K, strong bearish reaction we follow this one.

LEVELS
SHORT @ 8169.79
SL @ 8574.96
TP1 @ 7755.89
TP2 @ 7539.32
TP3 @ 7356.44
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!


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DACAPITAL TRADING
Trade active
Trade closed: stop reached:
-5%
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