UnknownUnicorn41061907

Short setup based on ABCD correction + 1.272 fibonacci

Short
BITSTAMP:BTCUSD   Bitcoin
Hey everyone,

Seems like bitcoin have formed his top, meaning we have a nice opportunity to short.

several elements of technical analysis:

- ABCD pattern
- price ranging before break down
- 1.272 fibonacci retracement
- emas crossing may give even more quality to this trade

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Have a nice week !
Trade active
Trade closed: target reached
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