apphiapatten

BTCUSD - Short Trade

Short
BITSTAMP:BTCUSD   Bitcoin
Price seems to be rejecting higher levels. Price has been hovering over the 61.8% fib retracement level of the previous wave and so I am looking to see a push to the downside.

All TP levels are of 61.8% nature.

- Descending triangle chart pattern has formed in the higher timeframes and price seems to be respecting the channel.
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