dramadon

BTCUSD Bearish, Going Short

Short
BITSTAMP:BTCUSD   Bitcoin
Taking another short position here on bitcoin. I think a lot of people will take profits causing price to retrace to some degree and from there will be the prime time buying opportunities. Price hasn't made a valid HL point just yet so that's what I am expecting from this setup at the very minimum which would be at 38.2% on our fibs.

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