cheese1092

[BTCUSD] Low risk trade set up

Short
BITSTAMP:BTCUSD   Bitcoin
Descending triangle spotted in the down trend price action. It is more than obvious that this pattern will resolve to the downside. Based on the Fib levels and the previous price drop, I suspect downside target will form just above 6200 range. But be patient. It will take some time until it breaks to the downside.

Plan accordingly.
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