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LoveDump
Sep 27, 2017 1:26 PM

BTCUSD: Bear Pennant Continuation 

Bitcoin / United States DollarCoinbase

Description

Hello Fellow Traders,

What we are looking at right now is a bearish continuation pattern. That being said the 4127 region is a very very important place to watch. It is do or die for BTCUSD. If the bears win we will see 3000-2900. If the bulls win we will see 4500s and we will take a look at where we are going after that.

Happy Trading

Trade active

It chose to go north ATM. I have followed this path until it proves me wrong.

Trade active

I took profit near resistance. Shorted but closed too early obviously. Waiting for a bounce to get a new short position.
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