btc_joe
Short

BTCUSD...bear flag?

BITSTAMP:BTCUSD   Bitcoin / Dollar
211 0 2
Short term trend seems to be down, although I am still bullish overall. I like this area for a small short but I am ready to take a loss on the trade if we make a higher high. To me, on higher time frames we either eventually visit 380, maybe 350-360 range or we are already done with this short move down and are ready to go parabolic again. Nonetheless, I like this short here.
Comment: Trade closed...stopped out at 235
Comment: *435
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