This is an indicator setup I usually use for trading gold, but the risk reward on a Bitcoin short is looking real good here. Don't look to be right every time, look for good risk reward ;)
Comment:
I would recommend taking half profit now, there hasn't been a downside spill yet so it would be best to reduce risk.
Comment:
Okay we've got a beautiful move down now. I expect we would be able to reach target 2 with our remaining position. Easy profits.
