sm.e

Waiting for small retracement

BITFINEX:BTCUSD   Bitcoin
After a clear 5-wave move on the downside, a retracement between 38.2% and 61.8% is expected. RSI and price action show some divergence so I would be closing shorts and wait for the retracement to happen.

*This is not a recommendation to buy or sell. Trade under your own responsibility*
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