ForexLane

BTCUSD;LONG probably targetting 386 ----394 stops below 367

Long
ForexLane Updated   
BITSTAMP:BTCUSD   Bitcoin
4
According to previous mentions the target of 335 has moved due to negative sentiments if usd as nfp .
But the situation of btc traders have and previous rise of more than 50 % movement above 369.50 could lead to the targets mentioned in the heading . by keeping stoploss according to your leverage please place stop below 367.

According to elliot the break up above 369.50 and converted waves pattern which we have further showed in the chart it could now move towards the target mentioned .

Team ,
Forex Lane
Comment:

Extending 5th wave continued
Trade active:

please see this according to elliot
Trade active:
possibe moves sub wave 4 .
Trade active:
potentially can go back to 368-69 levels see rsi and price action
Comment:
ForexLane
not below 368 if crossed that level then goes for correction
:wait:
Trade active:


Finally accomplishing targets our trade had moved so
Trade closed: target reached:
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