lawmuic

BTC is ready to rise after forming a flag

Long
lawmuic Updated   
BITSTAMP:BTCUSD   Bitcoin
The price of BTC has rallied significantly and has formed a downward sloping flag. We set the target using the measured rule and set our stop at the low of the flag. The risk to reward is above three and we go long BTC.
Comment:
There was a small short fall that could indicate that the price could move higher
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