robuao

Parallel channel broken, retest and down

Short
robuao Updated   
BITMEX:XBTUSD.P   Bitcoin
Parallel channel seems broken. Next up we might see a retest of the channel trend line and then downtrend to a relevant fib region, possibly even the bottom of the triangle at the 6K range where we also see confluence with the .618.
Trade closed: target reached:
B2 target reached. Let's see how the channel resistance test goes. Unless it re-enter the parallel channel, the bearish count is still valid and down we go.
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