Guhanak7
Short

BITCOIN medium term trade

BITSTAMP:BTCUSD   Bitcoin / Dollar
168 0 5
This currency pair has been making a stable wave pattern. Through my expertise in currency trading, I find BItcoin as the most predictive currency in terms of technical analysis .

There is a short trade in the one hour timeframe which gives up a great confluence as it is a perfect entry for the bigger trade. This idea will be valid when the larger trendline is broken. Good luck
Comment: The market is still under a major consolidation. Wait for two big red candles before you make an entry
Comment: This Trade was not Taken. The Trendline was altered on consolidation

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