BTCUSD 3/13 large move on its way

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
382 5
Bitcoin is consolidating and ready for a larger move, trend is bearish , trade the trend
Watch for large volume candle to break the black line
Comment: Great move! Thank you bitcorn
Target ??
jgt2803 slam.blambacid
@slam.blambacid, Here is a possible setup, taking a 3:1 RR with target at previous support, you take the trade if 9000 breaks with targets in the 8500 range with kijun as stop loss
@jgt2803, It made my day. I knew it's gonna go down further but "Bird in hand..." Anyway I think the final move reaches $7000-7500
jgt2803 slam.blambacid
@slam.blambacid, Don't regret a trade even if the position size is small or exit too soon, always on to the next as we learn the most from our mistakes. As for the 7000-7500 estimate, it is a gamble, time to wait for next consolidation to make higher % winning trade with trend, since bitcoin moved a lot already.
I hope so! My short is waiting
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