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ForexTurtle
Jan 26, 2018 7:43 PM

BTC expected to fall to 7,000 and to 6,000. Good luck shorters Short

Bitcoin / DollarBitfinex

Description

BTUSD on 4H showed showed breakdown of double HnS pattern. There is a small consolidation happening after 2nd HnS in form of a bearish rising flag. Histogram also shows negative. At 50 % fib region it broke 1st HnS and did a retracement. As a bearish follow-through if made another HnS. Current consolidation is the 62% fib region.

Trade idea : Sell BTCUSD with SL above 12,000. If you want to be more safe put SL above 13,000/-

Trade active

Trade going as expected... waiting for 7,000 and then 6,000
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