qedbeech

BTC USD idea - time to cool off a little.

qedbeech Updated   
BITFINEX:BTCUSD   Bitcoin
Please use this as a reference to help inform your trades.

However, this is not trading advice. everyone must do their own due diligence and make their own decisions.

I just hope to provide my own perspective.


Comment:
looks like we are going for the 0.5 fibo
Comment:
hit the 0.5 fibo and reversing for the short term. Not a fan of the whole head and shoulders thing but might be forming it as wave B and completion of wave C.
Comment:
Haha well that was fun hit 618 fibo as my chart predicted. Scrapping the abc idea for now. It may just recover from here to a new ath. Similar to china fud drop.
Comment:
watching for a short term reversal at 16000-17000 area.

Might have a short leg wave 3 down but not as extended. Similar to when china fud happened.
Comment:
going right according to plan for wave 3 down. watching carefully for reversal signals at key supports to enter my long position
Trade closed: target reached:
Lol reached all the low supports - Funny how the fibo levels worked out.
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