BTC has been playing out nicely. It looks like there is definitely a bit more down side before potentially reversing.
Here is a link to a chart shot of my thoughts nearly 2 weeks ago.
Using wave analysis the chart appears to be making an ABC pattern for more downside. It will probably be started on Thursday when there is high impact news out for the GBP.
This idea has worked out nicely, they used May's speech to drive the market lower. I still think there is a bit more down side to tag the trend line and then we will see if it decides to complete the pattern or just sink. Here is the link to my idea that the market was going to sink on Thursday 20th.
