mfibbs

ROAD MAP PLAYING OUT PERFECTLY!!! CORRECTION INCOMING !!!

Short
BITSTAMP:ETHUSD   Ethereum

What up trader's!! So if you have been following my last 2 analysis you would have followed my short to $240 where the .5 fib level met with my pitchfork. I had said that if the two meet it would be a work of art and boy was it. I was able to make some killer profits on that trade and then I said we retest the $275 area. Not only did we test it, but we went $10 bucks further. So far the road map is playing out and I can't wait crush this bitch! Right now I see us getting rejected at $286 because we are in the middle of a wave 4 correction. I see us hitting my pitchfork line around $245-$250ish. I will watching for a break of $275 to the downside for this idea to play out. I will not open a long until we break $289 with high volume. If you notice, every move we have had into the $280's has been low volume. That tells me that bulls are scared right now of going long because a big fat steamy dump can happen at anytime. I can also tell that there are a lot of inexperienced traders in this market. Let's capitalize and crush this market!! Set your stop losses, if I'm wrong than so what!! Not trading advice, just an idea and the way I see it!! Later traders!!

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