ridethepig

Profit taking spotted

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
=> Here we are trading a very simple flow
=> The rationale is to ride some profit taking from those who have been short all year long. As most of you already know we have been short for the most part of 2018, and as liquidity begins to fade for Christmas positions are being unwound.
=> The targets here are very simple, we are tracking the previous breakdowns for the last and final wave down this year. A simple technical flow on thin markets.
=> This is a high risk call, please stay sidelined unless you know what you are doing here.
=> Good luck all
Comment: Primary Target 3950 hit... Clean and simple ride so far... GL all
Trade closed: target reached

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