Short term Long from lower channel

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has found support off bothe previous resistance at 6450 and lower ascending trendline providing a nice opportunity to go short-term long.

Target: 6730
Sep 17
Trade closed: stop reached: Bears finally got the better of bulls. Disappointed in myself for not pulling out of this one sooner as I saw the warning signs.

Bitcoin was failing to break above the Fib 38% level with progressively lower lows and lowering of momentum before eventually breaking the trendline.

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